Notice of Non-Renewal and Cancellation in Insurances

Description

This Skill Bit explains key insurance notifications, starting with “notice of non-renewal,” detailing its purpose, the reasons insurers issue them, and the information they typically contain. It also outlines “notice of cancellation,” discussing common reasons for cancellation, the information included, and the importance of understanding these terms for policyholders to ensure they are aware of their coverage status.

Duration approx. 3 Min.

Tier: advanced