Search Results for: RENEWAL

nonrenewal

nonrenewal. A failure to renew something, such as a lease or an insurance policy. [Cases: Insurance 1894; Landlord and Tenant 81.5–90. C.J.S. Insurance §§ 342–343, 350; Landlord and Tenant§§ 54–55, 56(1, 2, 3, 4, 5), 57, 58(1, 2, 3), 59–61, 62(1, 2, 3), 63–65, 67–73, 79, 505.]

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renewal of policy

renewal of policy 保单展期 指在支付了一笔新的保险费后,保险单继续有效。一般在缴付了新的保险费后会签发一份续保凭据,若续保不是根据保单中的续保条款而为,则该续保凭据是一与旧保单条款相同的新保险合同;若是依据保单中的续保条款而为,则它不是一个新的保险合同,而是旧保险合同的延续。(→renewable insurance)

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