"Automatic renewal" means that a service or agreement will continue for another period of time without you having to take any action to renew it.
Full definition
Make sure your life insurance policy's rules specifically provide for
automatic renewal of your life insurance without requiring a medical exam, before you sign up for your term life plan.
You may also want an annual plan
with automatic renewal, so be sure to find out if the plan you want provides that feature.
If you agree to
automatic renewal at the time of subscription, then your subscription will be renewed automatically at the end of the each subscription period.
It
includes automatic renewal of your policy until you turn 85 years old, and then the option to convert it to a permanent life insurance policy.
At that time, you will be able to choose between annual renewal or
automatic renewal in the new system.
Be aware of
automatic renewal dates, and be skeptical over whether you have the time to read as many publications as you've signed up for.
You can decide when to receive the interest earned (monthly, annually, or at the end of the term) and
receive automatic renewal reminders.
Their customer service is poor, they send you poor matches, they put you on
automatic renewal so they keep taking your money even if you're not using their service.
Other states are awarding 10 - year charters after the first term, or experimenting with
virtually automatic renewal for charters consistently meeting a high performance bar.
Even if a tenant does not agree to the outlined terms or has intentions on moving failure to respond will result in
automatic renewal under the new terms.
The three - month plan is one easy payment of one hundred and thirty - five dollars, and if you choose to go month to month it is seventy dollars
with automatic renewal.
They
include automatic renewal, special discounts and exemptions for the senior citizen, tax saving concessions, sweep in, etc..
Be aware of
automatic renewal dates, and be skeptical over whether you have the time to read as many publications as you've signed up for.
There are state laws regarding
automatic renewal clauses, so if there is such a clause, then its enforceability would depend on things like not conspicuous the clause is and whether the deadlines are legally acceptable in that state.
The companies will also modify their practices nationwide to ensure that automatic shipment arrangements and
automatic renewal subscriptions of Matthew Bender publications are entered into only after all appropriate disclosures detailed in the agreement are provided to customers and the customers provide affirmative consent to the terms.
** All fixed rate savings certificates provide for
automatic renewal unless at least 5 days for 7 - 28 day CDs or at least 10 days (for all other CDs) prior to the maturity date Columbia gives written notice to the account holder that the account will not be renewed.
Though, if you wish to opt out, you must uncheck a box from your bookshelf to
disable automatic renewal AND you must wait for the 90 - day period to pass before publishing elsewhere.
The term of this agreement is 6 months from the agreement date, and will automatically renew without a written notice from client canceling
automatic renewal prior to the date of the original 6 month term expiration.
Even though term insurance is not permanent coverage, you can usually get policies that will run for as long as 20 or 30 years, and may also
contain automatic renewal provisions that will allow the term to be extended, or for the policy to be converted to permanent insurance at a later date.
Beware auto - renewals» endless charges — Signing up for magazine subscriptions or a free trial could haunt you for months or years, ringing up endless charges on your credit card
through automatic renewals... (See Auto - renew)
California's
automatic renewal law (the «Statute») provides for a private right of action and is more onerous than ROSCA and other state laws.
Douglas - Scott warns that in the unlikely event that Scotland were blocked
from automatic renewal of EU membership, «Scottish migrants to other EU countries... could be rendered illegal immigrants overnight».
He also alleges he was hit with recurring,
automatic renewal fees in violation of California law and that the service illegally debited his account without authorization.
In some cases, the LMS platform may feature
automatic renewals whereby external partners receive a notification when their certificate is due to expire.
Though automatic renewal may seem convenient within a laddering scheme, if you simply happen to forget about a lone CD you expected to collect, it can cause problems with accessing your money.
Alternatively, if there was a desire to have
automatic renewals subject to some discretion, enumerating points which could give rise to the veto rights and any advance notice provisions may diminish the uncertainty caused by the duty of good faith.
However, most state laws only allow a 6 month contract, in other states this contract will automatically renew without a written notice from client
canceling automatic renewal prior to the date of the original 6 month term expiration.
The companies also agreed to change their business practices nationwide so that automatic shipment arrangements and
automatic renewal subscriptions are entered into only after all appropriate disclosures are provided to customers, and customers agree to purchase the publications.