Understand Optionally Renewable Health Policies: Your Guide
With Optionally Renewable Health Policies, the Insurer May Choose Not to Renew Optionally renewable health insurance policies differ significantly from those that automatically renew. With an optionally renewable policy, the insurance company retains the right to decline renewing your coverage at the end of each policy term. This means your premiums could increase substantially, or your coverage could be terminated altogether. Understanding this key difference is crucial for making informed decisions about your health insurance....