alexa

Search in Indianmoney's WealthPedia

User
What happens if policyholder fails to pay premium on time?

By IndianMoney , 8 months ago

If the policyholder doesn't pay his premium within the due date then the insurance company allows him to pay it during the grace period. In case, the policyholder fails to pay premium within the grace period then the policy lapses.

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.