Not exact matches
A recent column tells of the travails of a retired couple whose
life insurance coverage lapsed even though they made the
premium payment, and who were afterward caught up in the web of customer service representatives and bureaucratic dead - ends that we have all
experienced when calling company 1 - 800 numbers.
In my
experience, it is frequently the case that
life insurance companies will accept late
premium payments when it suits their financial interest to do so, such as early in the
life of the policy, even when the grace period has expired.
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