保单结构与条款第 514 / 531 题
An agent holding binding authority tells an applicant by phone that coverage is in force, and the building burns before any paperwork is issued. The likely outcome is that:
a.The agent is personally liable for the loss
b.No coverage exists until a policy is issued
c.The loss is covered under the oral binder
d.Coverage begins only when premium is paid
解析
A binder is temporary evidence that coverage is in effect pending underwriting and issuance, and an agent with binding authority can create one orally as well as in writing. Waiting for the policy or for the premium check would leave applicants unprotected during exactly the gap a binder exists to close. Because the agent acted inside the authority the insurer granted, the loss belongs to the insurer, not to him.
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