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What is a non-cancellable and guaranteed renewable policy?

What is a non-cancellable and guaranteed renewable policy?
Legal Definitions - Question 13
A type of insurance policy where the insurance company guarantees not to cancel the policy, increase the premiums or make changes to the policy until the insured person reaches a set age (usually 65). Typically, this involves disability insurance.
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This searchable database contains information about disability, critical illness and life insurance claims, and what you can do if you are denied or cut off of your benefits. It is a collection of the most common questions we receive from our clients. General answers have been provided by our lawyers.