Question
Your client, Kyla, has a disability insurance policy which she purchased several years ago. Kyla pays her premiums on an annual basis. However, the current
Your client, Kyla, has a disability insurance policy which she purchased several years ago. Kyla pays her premiums on an annual basis. However, the current premium is now past due because she was out of town and missed the notice from the insurance company. When Kyla asks what will happen to her policy, which of the following is the CORRECT response that you should provide to her?a)Kyla's policy will stay in force for 10 days after the termination notice is sent.b)Kyla's coverage will end 10 days from the premium past due date.c)Kyla's policy will terminate subject to a 30 day grace period.d)Kyla's coverage will end 30 days after written notice is sent.
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