What Does Discontinuance Mean?

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What does Discontinuance mean? Read on to discover the definition & meaning of the term Discontinuance - to help you better understand the language used in insurance policies.

Discontinuance

Discontinuance

Discontinuance refers to the termination of an insurance contract, often because the policyholder fails to pay the premium. It is made legitimate by the insurer issuing notification tot he insured.

We hope the you have a better understanding of the meaning of Discontinuance.

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