Word forms: (present) cancels a policy, (past) canceled a policy, (perfect) canceled a policy, (progressive) canceling a policy
(Insurance: General) If you cancel a policy, you terminate a contract of insurance. ▶ policy
⇒ The insurance company cannot cancel the policy, provided that the policyholder continues to pay the premiums. ⇒ If you cancel this policy, you may be entitled to a full or partial refund of premium under the applicable
rules and regulations. ⇒ If you cancel a policy, you terminate a contract of insurance.
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