FIRST POLICY YEAR

first policy year

first policy year. Insurance. The first year of a life-insurance policy that is to be automatically renewed annually. • This statutory phrase prohibits an insurer from using the policy’s suicide exclusion as a defense — and refusing payment on the policy — when an insured commits suicide after the first year of the policy. The […]

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first policy year

glossary / FIRST POLICY YEAR, 第一个保险单年度

first policy year 第一个保险单年度在保险中，指签发保险单后的第一年。

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