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PRO RATA CANCELLATION [1 record]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 1989-06-20

English

Subject field(s)
  • Insurance
DEF

Cancellation of the policy when the return premium paid is full proportionate part due for the unexpired term.

French

Domaine(s)
  • Assurances
OBS

Quand la résiliation de la police est effectuée par l'assureur, celui-ci rembourse la prime non acquise, c'est-à-dire la différence entre la prime payée par l'assuré et la prime acquise calculée au prorata de la durée de l'assurance courue à la date de la résiliation.

Spanish

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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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