What is required if an insurance policy is canceled due to non-payment?

When an insurance policy is canceled due to non-payment, it is required that the insurer provides a written notice of cancellation. This written notice serves as a formal communication to the policyholder, informing them that their insurance policy will no longer be active due to their failure to pay the premiums. It is important for policyholders to receive this notice, as it provides them with clear documentation of the cancellation and helps them understand the reasons behind it.

While other options such as a grace period or premium refund may come into play in different contexts or specific policies, the key requirement in this case is the necessity for the insurer to send written notification when a policy is canceled for non-payment. This ensures that policyholders are adequately informed of their policy status and can take appropriate actions if needed.