nonrenewal

Definition

Refusal on the part of either the insurer or the insured to renew coverage. This may be done by either party on the expiration date or the policy's anniversary.

Related Articles

Related Videos




http://www.businessdictionary.com/definition/nonrenewal.html

Today's Top Bulls

AAPL
72% Bullish
(36 Votes)
Rate it
WWE
70% Bullish
(102 Votes)
Rate it
GOOG
69% Bullish
(75 Votes)
Rate it

Nearby Terms

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z