Policies that may only be terminated by the insurer after it sends written notice and once the period indicated in the policy expires are provisions that are referred to as:

• A. Non-cancellable
• B. Cancelable
• C. Renewable
• D. Endorsement

Answer: (A)

The concept being tested is how termination rights are handled in insurance contracts. A non-cancellable provision means the insurer cannot cancel the policy during a defined period; any termination must wait until that period has expired and typically requires written notice. This aligns with the description because it specifies a right to terminate only after a written notice is given and after the period indicated in the policy has passed, effectively guaranteeing coverage for that period.

So, this is why the term matches: it protects the insured during the specified timeframe and only allows termination after that period, with proper notice.

A cancelable policy, by contrast, can be canceled by the insurer at any time (with notice) and does not guarantee coverage for a fixed initial period. A renewable policy concerns the ongoing ability to renew coverage, not the ability to terminate during a period. An endorsement is simply an added rider to modify terms, not a termination-right provision.