A policy cancelled on the effective date. Usually, no premiums have been paid.
Related information about flat cancellation:
- flat cancellation - Insurance Glossary
flat cancellation - The cancellation of a policy as of its effective date, before the company has assumed liability.
- What Is a Flat Cancellation?
A flat cancellation terminates an insurance policy as of the effective date, so the insurer never accepts liability under the policy. Customers are entitled to a full ...
- What is flat cancellation? definition and meaning
Definition of flat cancellation: A policy cancelled on the effective date. Usually, no premiums have been paid.
- Flat Cancellation: Definition from Answers.com
Flat Cancellation Cancellation of an insurance policy on the date that policy becomes effective. This type of cancellation does not require any fees to.
- flat cancellation request form application of - Aipso.com
A) Applicant Statement: I understand that I have applied for automobile insurance coverage through the New. York Automobile Insurance Plan. I request ...
- What is FLAT CANCELLATION? - The Law Dictionary
Definition of FLAT CANCELLATION: Insurance cancelled on a specific date. No premiums are paid.
- Flat Cancellation definition | Insurance Center
This is when the policy is cancelled as of its renewal or issue date. In such cases, there is no earned premium or any paid premium that needs to be refunded.
- Can We Cancel a Policy Flat if the Insured Never Pays? - Ask Tim
Jan 18, 2012 ... At this point we would like to issue a flat cancellation in order to eliminate the time and expense of trying to collect the small earned premium or ...