Usually, an insurer will give you a grace period of 30 days

Home/Genel/Usually, an insurer will give you a grace period of 30 days

Usually, an insurer will give you a grace period of 30 days

If you have failed to pay your insurance premium, your policy will be transferred to a grace period status, where ideally the insurance company is still accountable for paying the sum assured if a valid claim is filed for a death of the insured during this time period. Usually, an insurer will give you a grace period of 30 days for half yearly and yearly payments, and 15 days for monthly payments although, it can be different for different companies.

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By | 2017-12-15T10:47:59+00:00 Aralık 15th, 2017|Genel|0 Comments

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