Why are insurance policies written annually?

Name: Why are insurance policies written annually?
Uploaded: 2011-03-14T15:35:21+00:00
Duration: 34 s
Channel: gillmanins
Description: Insurance policies are written on an annual basis because: - They are designed to offer coverage on a continuous basis. - If your policy is canceled early, you may face cancellation penalties on the premium.

gillmanins

Insurance policies are written on an annual basis because:  - They are designed to offer coverage on a continuous basis. - If your policy is canceled early, you may face cancellation penalties on the premium.

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