What does Delivery Receipt mean? Read on to discover the definition & meaning of the term Delivery Receipt - to help you better understand the language used in insurance policies.
A delivery receipt, in the context of insurance, is a document that an insurance policyholder signs following the successful delivery of an insurance policy. The delivery receipt informs the insurance company that the delivery did not fail, and the customer now possesses the actual policy. The effective date of the policy, and whether or not coverage has begun may depend on the type of receipt an insurance policyholder is provided with.
We hope the you have a better understanding of the meaning of Delivery Receipt.