MLchartDataset catalogue

Continuous contract

Term · Insurance and risk management · MLC-T-INS-000936

An insurance agreement that remains in effect indefinitely unless either party provides notice of cancellation or non-renewal. Unlike term policies, it does not have a fixed expiration date that requires periodic renewal. Premiums for continuous contracts are often adjusted periodically based on factors like claims experience or market conditions.

Table 1. Record
IdentifierMLC-T-INS-000936
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-000936",
  "term": "Continuous contract",
  "field": "Insurance and risk management",
  "definition": "An insurance agreement that remains in effect indefinitely unless either party provides notice of cancellation or non-renewal. Unlike term policies, it does not have a fixed expiration date that requires periodic renewal. Premiums for continuous contracts are often adjusted periodically based on factors like claims experience or market conditions.",
  "url": "https://mlchart.com/terminology/insurance/continuous-contract/"
}

Record 750 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.