disinsure
/ˌdɪsɪnˈʃʊər, dɪsˈɪnʃʊər/Definitions
1. verb
to cancel or revoke insurance
“The insurance company may disinsure a driver with a history of reckless driving.”
2. verb
to remove or exclude someone or something from insurance coverage
“The policyholder may be disinsured by the insurance company due to non-payment of premiums.”
3. noun
the act of cancelling or revoking insurance
“The disinsure of the driver led to a significant increase in the policyholder’s premium.”