NFIP Scheduled Renewal Changes: Difference between revisions
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{{ | '''Scheduled Renewal Changes''' allow agents to modify coverage or policy details for the upcoming term ''before the renewal bill is generated''. These changes can be updated or abandoned at any time before the bill is created. | ||
Scheduled renewal changes are different than Policy Changes because they take effect on the Renewal of the next policy term, not on the current policy term. | |||
After the renewal bill has been published, the agent must follow the [[NFIP Renewal Billing Changes]] process. | |||
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Latest revision as of 15:22, 5 March 2025
Scheduled Renewal Changes allow agents to modify coverage or policy details for the upcoming term before the renewal bill is generated. These changes can be updated or abandoned at any time before the bill is created.
Scheduled renewal changes are different than Policy Changes because they take effect on the Renewal of the next policy term, not on the current policy term.
After the renewal bill has been published, the agent must follow the NFIP Renewal Billing Changes process.