Connection lost
Server error
The law is reason, free from passion.
✨ Enjoy an ad-free experience with LSD+
Legal Definitions - interim receipt
Make crime pay. Become a lawyer.
✨ Enjoy an ad-free experience with LSD+
Definition of interim receipt
An interim receipt is a written acknowledgment of a payment made on an insurance policy that is waiting for final approval. It is a temporary receipt that confirms the payment has been received and is being processed.
- John paid his car insurance premium and received an interim receipt while waiting for the final policy documents.
- Mary paid her health insurance premium and was given an interim receipt until the policy was approved.
These examples show that an interim receipt is given when a payment is made on an insurance policy, but the policy is not yet finalized. The interim receipt serves as proof of payment and assures the policyholder that their payment is being processed.
The young man knows the rules, but the old man knows the exceptions.
✨ Enjoy an ad-free experience with LSD+
Simple Definition
An interim receipt is a written acknowledgment that a payment has been made for an insurance policy, but the policy is still pending final approval. It is not a final receipt, but rather a temporary one until the policy is fully processed.
The difference between ordinary and extraordinary is practice.
✨ Enjoy an ad-free experience with LSD+