Sentences with phrase «arrears along with the interest rate»
Even after the policy got lapsed, the customer can revive his / her policy by clearing all the arrears along with the interest rate for that particular one year time period.
Yes, the policy which has acquired a paid - up value or has lapsed due to the failure of premium payments can be renewed during the policy renewal period by paying the premium arrearsalongwith the current interestrates.