MLchartDataset catalogue

Renewal policy

Term · Insurance and risk management · MLC-T-INS-002880

A new insurance contract issued to continue coverage after the expiration of an existing policy. It maintains the insured's protection without a lapse in coverage, often with updated terms and premiums. The insurer issues a renewal notice to the policyholder before the current policy's expiration date.

Table 1. Record
IdentifierMLC-T-INS-002880
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-002880",
  "term": "Renewal policy",
  "field": "Insurance and risk management",
  "definition": "A new insurance contract issued to continue coverage after the expiration of an existing policy. It maintains the insured's protection without a lapse in coverage, often with updated terms and premiums. The insurer issues a renewal notice to the policyholder before the current policy's expiration date.",
  "url": "https://mlchart.com/terminology/insurance/renewal-policy/"
}

Record 2,944 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.