NONCANCELABILITY CLAUSE
noncancelability clause.An insurance-policy provision that prevents the insurer from canceling the policy after an insured’s loss, as long as the premium has been paid. [Cases: Insurance 1916, 1920.]
[Blacks Law 8th]
noncancelability clause.An insurance-policy provision that prevents the insurer from canceling the policy after an insured’s loss, as long as the premium has been paid. [Cases: Insurance 1916, 1920.]
[Blacks Law 8th]