Simple English definitions for legal terms
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A continuous policy is a type of insurance policy that remains in effect until one of the parties terminates it according to its terms. It is also known as a perpetual policy. This means that the policy does not have an expiration date and will continue to provide coverage as long as the premiums are paid.
Examples of continuous policies include:
These examples illustrate how a continuous policy provides ongoing coverage for a specific period or for the entire life of the insured. As long as the premiums are paid, the policy remains in effect and provides protection against covered risks.
continuous-operations clause | continuous-representation doctrine