MLchartDataset catalogue

Discontinuance

Term · Insurance and risk management · MLC-T-INS-001183

The termination of an insurance policy or coverage by either the insurer or the policyholder. This can occur due to non-payment of premiums, expiration of the policy term, or a decision by either party to end the contract. Discontinuance differs from cancellation, which typically involves termination before the policy's natural expiration date.

Table 1. Record
IdentifierMLC-T-INS-001183
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-001183",
  "term": "Discontinuance",
  "field": "Insurance and risk management",
  "definition": "The termination of an insurance policy or coverage by either the insurer or the policyholder. This can occur due to non-payment of premiums, expiration of the policy term, or a decision by either party to end the contract. Discontinuance differs from cancellation, which typically involves termination before the policy's natural expiration date.",
  "url": "https://mlchart.com/terminology/insurance/discontinuance/"
}

Record 1,007 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.