A contract that provides that the insured may renew it to a stated date or an advanced age, subject to the right of the insurer to decline renewal only under conditions stated in the contract.
A policy that can be cancelled or have the premiums raised by the insurer on a specific anniversary date, subject to certain reasons written into the policy.
A contract between an individual and an insurance company that allows them to renew their policy on a certain date or age, but allows the company the right to deny renewal under conditions that are stated within the contract.
An insurance policy that the company will renew with each premium payment, as long as you meet certain conditions.
The right to renew a policy as long as the insurance company insures other people in the same state with the same policy form.
Under a disability policy with a conditionally renewable provision, the insurer guarantees to renew the policy provided the insured meets the conditions of renewability but retains the right to increase premiums. Generally offered on disability policies covering insureds in high-risk occupations.
Continuance provision of a health insurance policy under which the company cannot cancel the policy during its term but can refuse to renew under certain conditions stated in the contract.
Gives the individual the right to renew coverage up to a certain age or specified date. If the company decides not to renew, it must be for specific reasons or conditions stated in the contract.
Provision in a health insurance policy which the company cannot cancel the policy during its term, but may refuse to renew under certain conditions stated in the policy.
