Insurance Operations

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  • 1 Sections
  • 1 Types
Insurance Operations
Insurance Operations
Insurance Operations
Policy administration, cancellation, certificates, refunds, and servicing terms.
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Insurance Operations
Cancellation
Insurance Operations
Cancellation in Canadian insurance: how a policy can end before its scheduled expiry date.
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Insurance Operations
Certificate of Insurance
Insurance Operations
Proof that coverage exists without replacing the policy wording.
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Insurance Operations
Flat Cancellation
Insurance Operations
Cancellation treating the policy as though it never took effect.
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Insurance Operations
Lapse
Insurance Operations
Lapse in Canadian insurance: how missed premium or broken continuity can leave a policy no longer in force.
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Insurance Operations
Non-Renewal
Insurance Operations
Non-renewal in Canadian insurance: how a policy can end at term instead of continuing into the next period.
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Insurance Operations
Pro Rata Cancellation
Insurance Operations
Early termination with a refund based on the unused policy term.
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Insurance Operations
Reinstatement
Insurance Operations
Reinstatement in Canadian insurance: how coverage can sometimes be restored after a lapse or interruption.
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Insurance Operations
Renewal
Insurance Operations
Renewal in Canadian insurance: how policies are continued, repriced, or rewritten at the end of a term.
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Insurance Operations
Return Premium
Insurance Operations
Refund or credit when the insurer does not retain the full premium originally charged.
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Insurance Operations
Short-Rate Cancellation
Insurance Operations
Early termination where retained charges reduce the refund.
Read more about Short-Rate Cancellation.