An applicant is purchasing a homeowners policy. A producer comes to her home, fills out the paperwork, and tells the applicant that her home will be covered as soon she signs all of the paperwork, and that she will receive a new policy in the mail in 5 biness days. Even though the policy is not issued, the applicant's home is temporarily covered until then. Which of the following makes that possible? 1) Binder 2) Deductible 3) Exclion 4) Claim