Expiration notice

{
  "id": "MLC-T-INS-001415",
  "term": "Expiration notice",
  "field": "Insurance and risk management",
  "definition": "A formal communication from an insurer to a policyholder indicating that a policy is approaching its renewal date and will soon terminate unless renewed. This notice typically outlines the renewal terms, premium amount, and any changes to coverage. It serves to remind the insured to take action to maintain continuous coverage.",
  "url": "https://mlchart.com/terminology/insurance/expiration-notice/"
}