• Guaranteed Revolving Policy is a feature of an insurance policy that ensures that the insurer is obligated to continue coverage for as long as premiums are paid on the policy.
  • With a guaranteed renewable policy, reinsurance is guaranteed, but insurance premiums may increase depending on the filing of a claim, injury or other factors that may increase the risk of future claims.
  • Most insurers offer both guaranteed renewable policies and non-cancellable policies; A non-cancellable policy offers a double guarantee of reinsurance and fixed premiums.