by admin
in Insurance Terms
TERMINATION OF INSURANCE (EXPIRY DATE TERMINATION)
It is the situation when the insurance contract is no longer valid for both parties and third parties.. Termination of the contract may occur in various situations.; Upon reaching the expiration date written in this policy, Due to termination arising from one of these parties not fulfilling certain conditions stipulated in the contract., This is at the insured's own will., This insurer, Unilateral termination of the contract due to aggravation of the risk, This means that in some branches the risk […]