Meaning flat cancellation
What does flat cancellation mean? Here you find 11 meanings of the word flat cancellation. You can also add a definition of flat cancellation yourself
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flat cancellationThe cancellation of an insurance policy or bond as of its effective date, before the insurer has assumed liability. This requires the return of paid premium in full since the insured has never [..]
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flat cancellationCancellation of a policy at or before it becomes effective. All premiums are refunded to the insured.
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flat cancellationDefinition A policy cancelled on the effective date. Usually, no premiums have been paid.
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flat cancellationA cancellation of a policy free of any charge or fee.
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flat cancellationThe full cancellation of a policy as of the effective date of coverage which requires the return of paid premium in full
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flat cancellationThe cancellation of a policy as of the effective date with all premiums paid being refunded.
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flat cancellationCancellation of a policy at or before it becomes effective with the entire premium refunded to the policyholder.
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flat cancellationThe cancellation of a policy as of its effective date and which is free of any charge to the insured.
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flat cancellationThe full cancellation of a policy as of the effective date of coverage which requires the return of paid premium in full
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flat cancellationThe full cancellation of a policy as of the effective date of coverage which requires the return of paid premium in full
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flat cancellation The full cancellation of a policy as of the effective date of coverage, which requires the return of paid premium in full.
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| << flat rate | fixed-cost insurance >> |
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