Anniversary date

{
  "id": "MLC-T-INS-000423",
  "term": "Anniversary date",
  "field": "Insurance and risk management",
  "definition": "The specific calendar date on which an insurance policy or contract was originally issued or renewed. This date typically marks the beginning of a new policy period and is used to determine when premiums are due, when coverage terms might be reviewed, or when certain policy provisions become effective. For many policies, it dictates the annual cycle for premium payments and policy adjustments.",
  "url": "https://mlchart.com/terminology/insurance/anniversary-date/"
}