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Insurance Binder - Definition and Examples - The Balance

Insurance Binder - Definition and Examples - The Balance 2025

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The document is a temporary insurance binder issued by Capacity Coverage Company of NJ Inc, detailing the terms and conditions of coverage provided to the New Jersey Utility Authorities Joint Insurance Fund. It outlines various types of insurance coverage including general liability, vehicle liability, and worker's compensation, along with specific limits and deductibles. The binder is effective from December 22, 2016, to January 1, 2017, and includes cancellation conditions and state-specific regulations.

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