What does PCC mean in INSURANCE
A Premium Collecting and Continuity Clause (PCC) is a clause used in an insurance policy that requires an insured to pay regular premium payments in order to maintain coverage. It is important for policyholders to understand the terms of this clause so that they can avoid having their coverage lapse due to nonpayment.
PCC meaning in Insurance in Business
PCC mostly used in an acronym Insurance in Category Business that means Premium Collecting and Continuity Clause
Shorthand: PCC,
Full Form: Premium Collecting and Continuity Clause
For more information of "Premium Collecting and Continuity Clause", see the section below.
Essential Questions and Answers on Premium Collecting and Continuity Clause in "BUSINESS»INSURANCE"
Final Words:
Understanding how the Premium Collecting and Continuity Clause works is essential for policyholders who want to maintain their coverage without interruption or lapses in payment due date cycles.
PCC also stands for: |
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All stands for PCC |