Cancellation of a policy as of its effective date, requiring full return of any premium paid.
Cancellation of an insurance policy as of the date of its start with no premium charge.
of an insurance contract as of its date of inception, without premium charge.
A policy which in canceled upon its effective date.
Cancellation of a policy free of any charge or penalty to the insured, as contrasted to short rate or pro-rata cancellation.
The cancellation of a policy in such a manner that the termination of a policy coincides exactly with its inception. In certain special circumstances, a policy can be "cancelled flat" and the insured is entitled to receive a full refund of the premiums he/she has paid and the policy is in effect, cancelled from the beginning.
When the full premium is returned to the insured
A policy that is cancelled upon an effective date.
Termination of an insurance polity without any refund of premium by the company or without any payment of earned premium by the insured; cancellation as of the inception date.
the cancellation of a policy as of it's effective date, without any premium charge.
(Annulation) Termination of a policy coincides exactly with its inception or renewal date. In certain special circumstances, a policy can be "cancelled flat" and the insured is entitled to the full return of the premium that has been paid and the policy is in effect, cancelled from the beginning.
The full cancellation of a policy as of the effective date of coverage that requires the return of paid premium in full.
The cancellation of a policy as of the effective date with all paid premium refunded.
Cancellation of an insurance outright from inception.
cancellation of a policy as of the policy effective date, so that there is no earned premium, the effect being as though the policy was never written.
Cancellation of a policy at or before it becomes effective. All premium is refunded to the insured.
A policy which is cancelled upon its effective date. Usually under a flat cancellation no premium charge is made.