An insurance contract. This term can also be used to describe the act of incorporating something in a contract of insurance, for example, a newly acquired vehicle. It can also mean to provide coverage to an insured person.
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(01) Insurance contract. (02) To effect insurance, that is, to cover an insurance, for instance, for Household Insurance effective as of a given time (03) To include within the coverage a contract of insurance. For example, one could cover additional godowns under a Fire insurance contract.

A cover note is a document issued in advance pending the issue of the Policy, and is normally required if the Policy cannot for some reason or other be issued straightway. Cover notes can also be issued during the course of negotiations to provide cover on a provisional basis. A cover note is not a stamped document but is honored, all the same, by all parties concerned.
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UK: a document issued as evidence of a contract of insurance, pending the issue of a policy.
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UK: A document sometimes issued by insurers pending preparation of the policy. It may be issued as evidence of more permanent cover or it may be an acknowledgement of temporary cover pending the insurer’s final decision. See also BROKER’S COVER NOTE.
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A note written by an agent notifying the insured that his or her coverage has taken effect. Comparable to a binder, but not issued by a company like a binder.
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REINSURANCE: A written statement issued by an intermediary, broker or direct writer indicating that the coverage has been effected and summarizing the terms. See also Binder and Placement Slip.
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Confirmation by the intermediary to the cedant of terms and conditions and percentage placed with each reinsurer. In effect, a cover note is a receipt for slips or binders received by the intermediary from underwriters on behalf of the cedant.
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REINSURANCE: This is a statement in writing indicating that coverage is in place. In reinsurance this is also evidenced by the Slip.