0
The expiration of any insurance policy will occur if the current premium is not paid, or when the policy is of a finite duration and is not renewed.
Additionally, an insurer may have the right to refuse to renew a policy under certain circumstances. This is not expiration per se, but instead, it may result from the risk no longer meeting the underwriting requirements of the insurer. Essentially, these lay out the metes and bounds of the risks that the insurer is willing to assume.
What else can I help you with?
What is the validity of depb license?
Validity of d.e.p.b. Import licence is in anyway 24 months from the date of issue of the depb. I.e., if the date of issue of depb licence is : 14-07-2010, the depb licence will expire on date: 13-07-2010. But as per the policy annonced, this d.e.p.b. Licence will expire actually on dt : 31-07-2010. In other words, any depb licence will expire on the end of the month in which the depb is issued - after 24 months. If the depb issued date is : 30-07-2010, automatically, the depb will expire on 31-07-2010. No extension will be allowed after this period. The holders have to use the depb within this period, or they have to sell the depb before this period.
When IrDA license expire?
3 years
What is an unendorsed dwelling policy?
An unendorsed dwelling policy is a type of insurance coverage that provides protection for residential properties without additional endorsements or modifications. It typically covers the structure of the home itself against specific risks such as fire, theft, and certain natural disasters, but may not include broader coverage options or additional features. This policy is often less comprehensive than endorsed policies, which include additional protections or modifications tailored to the homeowner's needs. As a result, an unendorsed dwelling policy may be more affordable but could leave gaps in coverage.
What is an endorsement to a insurance short term policy?
It amends the policy
What are the advantages of business alliance for small company?
1.to sell good at particular time.2.no more expire.
What rhymes with fire and means die?
The word "expire" rhymes with fire and means to come to an end or die.
What is the grace period for home owners insurance policy?
Homeowners insurance is typically a 1 year term policy, It has a start and end date. At the expire date (end date) the policy is expired. There is no grace period after expire. Typically you are notified prior to the expire date of policy renewal. If you do not renew the policy, It just expires on the end date.
Does a flexible universal life insurance policy expire at a certain age?
A flexible UL policy CAN expire unless you add more premiums to keep it in force.
What is standard fire policy?
A fire Insurance Policy is Fire Insurance for the covered property indicated on the policy.
Do chemicals in fire extinguishers expire?
nope basically
Does auto insurance expire at death?
Yes, if the policy was in the sole name of the diseased - because the contract/policy is with the person NOT the car.
If pregnant can your health insurance expire?
I don't know about the term 'expire' if you do not pay your premiums you could certainly run the risk of your policy canceling for non payment.
Why would your auto insurance rates double when you accidentally let your policy expire?
Probably as a penalty for letting the old policy expire. Typically, the companies with the lowest initial rates end up costing more due to penalties, rate hikes and possibly dropping you form the policy altogether.
What does standard fire policy cover?
Fire and lightning
When does your eyeglass prescription expire?
That depends on your state policy. In Texas it is the eye doctors decision. I do not have an expiration on mine.
What type of insurance covers fire to recover the building?
Any building property policy such as a homeowner policy or commercial property policy will cover fire damage.
What is the insured peril under standard fire policy?
Fire.
