Anniversary rating date

Term · Insurance and risk management · MLC-T-INS-000424

The specific date each year on which an insurance policy's rates are reviewed and potentially adjusted. This date is often, but not always, the same as the policy's anniversary date. It is particularly relevant for experience-rated policies, where past claims history influences future premiums, such as in workers' compensation or large group health plans.

Table 1. Record
Identifier	MLC-T-INS-000424
Field	Insurance and risk management

Record as JSON

{
  "id": "MLC-T-INS-000424",
  "term": "Anniversary rating date",
  "field": "Insurance and risk management",
  "definition": "The specific date each year on which an insurance policy's rates are reviewed and potentially adjusted. This date is often, but not always, the same as the policy's anniversary date. It is particularly relevant for experience-rated policies, where past claims history influences future premiums, such as in workers' compensation or large group health plans.",
  "url": "https://mlchart.com/terminology/insurance/anniversary-rating-date/"
}

Record 162 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.