Plain-language definitions of the terms that appear during a quote.
Plain-language definitions of the terms that appear during a quote.
A premium is the price charged for the insurance cover. An excess is an amount you may pay towards a qualifying claim. An endorsement is a policy-specific term or change to standard wording. Each definition must be read in the context of the insurer’s documents.
The policyholder is the person who enters the policy contract. A named driver is a driver specifically identified as covered where the policy provides. The insurer assumes the insured risk under the contract; the website brand may have a different commercial role.
The base premium is the insurance amount before GreenOnMID’s charge. The service fee is a separate 10% charge on that premium, displayed before checkout. The total payable is their sum, rounded to the nearest penny.
No. A quotation is an offer or indication subject to conditions; a certificate is an insurer-issued insurance document.
No. The precise wording, exclusions and limits vary.