noncancelability clauseglossary / 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 法律翻译Virginia,毕业于一所旨在培养高级翻译专业人才的翻译院校,专注翻译各类与国际贸易与投资监管有关的法律文件。