保单结构与条款第 528 / 531 题
The difference between cancellation of a policy and non-renewal of a policy is that cancellation:
a.Returns the entire premium to the insured
b.Terminates the contract before it expires
c.Declines to continue it past expiration
d.Requires the insured's written agreement
解析
Cancellation cuts the contract short while the term is still running, and either party may do it on the terms the policy and the law of the jurisdiction allow. Non-renewal is a decision made at the end of a term not to offer another one, so the contract simply runs out on schedule. Neither one needs the other party's agreement, and cancellation returns unearned premium only, not the whole premium.
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