B
“Back-dating”- when insurance cover begins before the date the cover is issued
“Breach of contract”- failure to perform an obligation arising out of a contract - a breach may give the aggrieved party the right to damages.
“Breakdown recovery” - insurance which arranges for recovery of vehicles from the scene of a breakdown
“British Insurance Brokers Association (BIBA)” – a general insurance intermediary organisation which represents the needs of brokers, intermediaries and their customers - it aims to enhance the status and recognition of members through the maintenance of high standards, public relations, government and parliamentary contacts. www.biba.org.uk
“Buildings Insurance” - a policy covering the structure of a house or other building against a number of different risks
“Burst Pipes” - cover under household policies for damage caused by an escape of water from any tank, apparatus or pipe. Cover restrictions may apply when a building is unoccupied