alexa

Search in Indianmoney's WealthPedia

User
What happens if policy premium is not paid in child insurance plans?

By IndianMoney , 1 month ago

The premium must be paid on or before the premium due date. The insurance company provides a 'grace period' that allows the policyholder some additional time within which the payment of premium must be done. in case the premium is not paid within the grace period the policy will be considered lapsed and the subscriber will lose its benefits.

What is your Credit Score? Get FREE Credit Score in 1 Minute!

Get Start Now!
CIBIL Meter
Attention!

This is to inform that Suvision Holdings Pvt Ltd ("IndianMoney.com") do not charge any fees/security deposit/advances towards outsourcing any of its activities. All stake holders are cautioned against any such fraud.