insurance policies may be classified as contracts of the insurer.
insurance policies may be classified as contracts of?
the insurer
na
na
in terms of insurance policies, the clause is widely used by companies such as unitedhealth group incorporated (usa), allianz se (germany), nippon life insurance company (japan), life insurance corporation of india, zurich insurance group ltd (switzerland), mlc limited (australia) and so forth. given the types and coverage of insurance policies, certain insurance contracts such as property and medical have been noted more by media agents -such as newspapers- than others to inculcate this clause. the notice transmission and active cancellation periods of auto-renewals for these policies vary by country and region. in some cases, insurance companies may also increase the monthly payments for certain types of insurance policies in successive renewal periods.
automatic renewal clause