What happens if an insured pays his life insurance premiums 10 days late? a) His policy remains

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What happens if an insured pays his life insurance premiums 10 days late?

a) His policy remains in place because he paid during the grace period.

b) He has to prove his insurability before his policy is reinstated

c) His policy remains in place, but he is assessed a late penalty

d) He is fine as long as he does not die during the next month.

e) His policy is immediately cancelled.

Posted Date: Jun 05, 2024 06:01 PM

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What happens if an insured pays his life insurance premiums 10 days late? a) His policy remains

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