A term life insurance policy, once in force, can only be canceled for lack of payment of the premium. (truebluelifeinsurance.com)
There are 70 to 90 million people that have subprime credit due to lack of payment history. (techcrunch.com)
The only time it becomes a problem is if there is a gap in coverage that you can't explain or that was caused by lack of payments. (rentersinsurance.net)