Policy Cancellation definition

Policy Cancellation means complete withdrawal or termination of the entire Policy before the stipulated Date of Maturity.
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Examples of Policy Cancellation in a sentence

  • Policy Cancellation or Termination and Notice of Non-Renewal: Contractor shall provide, to the Caltrans Contract Manager within five (5) business days, following receipt by Contactor, a copy of any cancellation or non-renewal of insurance required by this Agreement.

  • Policy Cancellation or Termination and Notice of Non-Renewal: Contractor shall provide, to Caltrans Contract Manager within five (5) business days, following receipt by Contactor, a copy of any cancellation or non-renewal of insurance required by this Agreement.

  • The Insured may cancel this Policy under the terms of the Optional Policy Cancellation as specified on the Declarations Page and the cancellation date shall become the Termination Date each as described in the terms of the Optional Policy Cancellation as specified on the Declarations Page.

  • Policy Cancellation of Termination and Notice of Non-Renewal – Contractor shall provide to the State within five (5) business days following receipt by contractor a copy of any cancellation or non-renewal of insurance required by this contract.

  • Reach agreement with DOE on the handling and settlement of self-insurance claims incurred but not reported at the time of contract termination; otherwise, the Contractor shall retain this liability.(d) Successor Contractor or Insurance Policy Cancellation.

  • The Insured may cancel this Policy under the terms of the Optional Policy Cancellation as specified on the Declarations Page, and the cancellation date shall become the Termination Date each as described in the terms of the Optional Policy Cancellation as specified on the Declarations Page.

  • The OHI Policy Cancellation is not used to terminate an existing policy (see OHI Policy Update above).

  • The Insured may cancel this Policy under the terms of the Optional Policy Cancellation as specified on the Declarations Page.

  • Policy Cancellation DetailsInsurance policies can be cancelled by You and on occasion by Us. The information below will detail Your rights and ours when it comes to cancelling a policy.If You choose to cancel…If You decide that for any reason, this policy does not meet Your insurance needs then please return it to the administrator/Your agent within 14 days from the day of purchase or the day on which You receive Your policy documentation, whichever is the later.

  • Policy Cancellation or Termination & Notice of Non-Renewal – Insurance policies shall contain a provision stating coverage will not be cancelled without 30 days prior written notice to the State.

Related to Policy Cancellation

  • Cancellation means an end to the Contract affected pursuant to a right which the Contract creates due to a Breach.

  • Cancellation Date means the date on which the written notice of cancellation of a health insurance policy is received by the fund or the last date to which premiums were paid.

  • policy of life insurance means any instrument by which the payment of money is assured on death (except death by accident only) or the happening of any contingency dependent on human life, or any instrument evidencing a contract which is subject to payment of premiums for a term dependent on human life;

  • Cancellation Charge has the meaning given to that term in paragraph 5.1 of Part 2; "Core Operational Period" in relation to any part of the Network, means the period of the day when that part is generally open to train movements;

  • Policy means Related Party Transaction Policy.

  • life policy means a contract in terms of which a person, in return for a premium, undertakes to -

  • Policy Schedule means a schedule attached to these Terms and Benefits, which sets out, among others, the Policy Effective Date, Renewal Date, the name and the relevant particulars of the Policy Holder and the Insured Person, the eligible benefits, premium and other relevant details in respect of these Terms and Benefits.

  • Cancellation Charges means collectively (i) the Booking Amount; (ii) all interest liabilities of the Allottee accrued till date of cancellation; and (iii) brokerage paid to real estate agent/channel partner/broker, if any (iv) the stipulated charges on account of dishonour of cheque; (v) administrative charges as per Promoter’s policy and (vi) amount of stamp duty and registration charges to be paid/paid on deed of Cancellation of this Agreement

  • Cancellation Notice has the meaning given in Clause 8.6;

  • Reimbursement insurance policy means a policy of insurance

  • Policy Framework means a policy framework issued under section 26 of the Act.

  • Insurance Policy With respect to any Mortgage Loan included in the Trust Fund, any insurance policy, including all riders and endorsements thereto in effect, including any replacement policy or policies for any Insurance Policies.

  • Insurance Policies has the meaning set forth in Section 3.16.