Annual Insurance Policy

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Annual Insurance Policy

An insurance policy in which the policyholder pays premiums and the insurer provides coverage for a full year. At the conclusion of that year, either party may choose to renew the policy. It is also called an annual policy.
References in periodicals archive ?
Captives will be taxed on half of one percent of a captive's premium receipts and other forms of revenue from its annual insurance policies. The maximum tax would be half of one percent on a captive's taxable premium receipts and other forms of revenue from annual insurance policies.
Texas Passes Captives Law
He advises passengers to check their household contents policies to see if cover is provided and adds that valuables may be covered in specific annual insurance policies. See gotravelinsurance.co.uk for up-to-date information.
TRAVEL UPDATE; ..on the air chaos
That is, instead of having three annual insurance policies with three separate aggregates, the risk has only a single policy with a single aggregate.
Get the most from your EPLI dollar: despite the hard market, risk managers can still negotiate favorable language when purchasing employment practices liability insurance. But they need to be creative in their search for solutions. (Liability)
Millions of people who take two holidays a year are likely to be losing out by not buying annual insurance policies, according to Direct Line.
First CAT takes to the streets
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