Policy Anniversary

9 months ago
Insurance Glossary Team
1 minute

Plain English Definition: The annual date on which an insurance policy was issued or renewed.

What Policy Anniversary really means for someone with an insurance policy

This date often triggers premium adjustments, benefit reviews, or policy renewals based on terms and conditions.

Policy Anniversary Real World Examples

  • Renewing a health insurance policy each year.
  • Auto insurance premium updates on the policy anniversary.
  • Life insurance benefit adjustments after the anniversary date.
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