noncancelability clause

noncancelability clause. An insurance-policy provision that prevents the insurer from canceling the policy after an insured’s loss, as long as the premium has been paid. [Cases: Insurance 1916, 1920.]

---

词条贡献者

双语律师Raymond，亚洲知名法学院法律专业，擅长翻译各类与生物科技与制药相关的法律文件。