Optional Renewable Policy

Optional Renewable Policy,

Optional Renewable Policy Meanings:

  • A simple definition of Optional Renewable Policy is: An agreement that gives the insurer the right to terminate the policy on each anniversary or in certain cases on a premium date.

Literal Meanings of Optional Renewable Policy

Optional:

Meanings of Optional:
  1. Available on request but not required.

Sentences of Optional
  1. Many tour options are offered.

Synonyms of Optional

discretionary, not required, at one's discretion, open, non-mandatory, up to the individual, free, elective, non-compulsory, voluntary, unforced

Renewable:

Meanings of Renewable:
  1. An energy resource that is not exhausted by the use of water, wind or solar energy.

  2. (Agreements, contracts, etc.) which can be extended

  3. (Natural resources or energy sources) have not decreased.

Sentences of Renewable
  1. The cost of production for renewable energy is higher than coal, oil or gas.

  2. The 30-day war could be extended by mutual agreement

  3. Moving from fossil fuels to renewable energy

Policy:

Meanings of Policy:
  1. Adopted or proposed by the government, political party, company or individual in accordance with the Code of Conduct.

  2. Illegal lottery or numbers game.

Sentences of Policy
  1. Controversial economic policy management

Synonyms of Policy

stratagem, strategy, blueprint, position, proposed action, system, code, attitude, plans, programme, intentions, scheme, notions, approach, line, theory, schedule, guidelines, stance