Types of Notices
The
Notice Type Selection
page displays a menu of different applicable notice types. Listed below are the following notice types and a description of each:Non Renewal - Termination of policy on the renewal date. Company refuses to renew coverage.
Conditional Renewal - Company will offer to renew a policy based on certain conditions. Insured must agree to comply with conditions so company will renew the policy.
Cancellation - Termination of the policy mid-term. Cancellation occurs sometime between the inception and expiration dates of the policy. Reasons for cancellation vary from state to state. Underwriting Periods are applicable ONLY for cancellation notices.
Reinstatement - Cancellation notice has been issued and company wishes to reinstate the policy or rescind the cancellation.
Policy Change - A change or endorsement has been issued on the policy which requires notification to the insured. Used as a "courtesy notice" in most states.
Renewal Premium - Notice to insured that renewal will be offered and for what premium amount. Usually a "courtesy notice" in most states.
Freeform - Customers use a free form to rescind a nonrenewal notice; to attach loss information; to write a letter when companies have merged, etc. It is a "free form". They will have a reason box in which to write any information that want to send to an insured and they can title the free form notice. Click here for detailed information.
Refusal to Write - Company refuses to issue a policy. Notice is available ONLY when a policy number has NOT been issued. This is used as a "Courtesy notice" in most states. Click here for detailed information.
note
A Refusal to Write Notice only appears when the Policy Number field is left blank.
Other Notice Types
- Some notice types are not required by the state and are considered to be a courtesy notice. You will get a system message that says,This is a courtesy notice, it is not required by the state.
- Some notice types are not allowed by the state. If you select a notice type that is disallowed by the state and directs you to review ODEN® State Rules and Regulations, you will get a system message that says the notice is not allowed.