Premium notice
Term · Insurance and risk management · MLC-T-INS-002644
A formal statement sent by an insurer to a policyholder, detailing the amount of the next premium payment due and its due date. It serves as a reminder to the insured to pay the premium to maintain continuous coverage. The notice typically includes policy number, coverage period, and payment options.
| Identifier | MLC-T-INS-002644 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-002644",
"term": "Premium notice",
"field": "Insurance and risk management",
"definition": "A formal statement sent by an insurer to a policyholder, detailing the amount of the next premium payment due and its due date. It serves as a reminder to the insured to pay the premium to maintain continuous coverage. The notice typically includes policy number, coverage period, and payment options.",
"url": "https://mlchart.com/terminology/insurance/premium-notice/"
}
Record 2,657 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.