InsuranceAlternative markets Ownership Securities outstanding Enterprise risk management Theft Medical payments
Noncancellable
A non-cancelable policy is a type of insurance that cannot be terminated by the insurer until a specific age is reached. In other words, the policy remains in force as long as the premiums are paid on time. However, the insurer may still raise premiums according to the predetermined amounts stated in the policy upon issuance. This provides a level of stability and predictability for the policyholder, making it a popular choice for long-term financial planning.
Related terms
Understand the meaning and definition of Alternative markets in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Ownership in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Securities outstanding in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Enterprise risk management in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Theft in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Medical payments in the context of stock market, trading, and investments.
MORE
Explore other categories
10 Cr+DOWNLOADS
Enjoy Zero Brokerage On Stock Investments
Get the link to download the App
