What does Renewal Date mean? Read on to discover the definition & meaning of the term Renewal Date - to help you better understand the language used in insurance policies.
If an insurance policy is to remain in effect, it has to be renewed before its renewal date has passed. The renewal date is essentially a cut-off: if the contract is not renewed by the renewal date, it will expire and the insured will cease to have insurance coverage.
We hope the you have a better understanding of the meaning of Renewal Date.