Sentences with phrase «miss paying your premiums on time»
Payment Options — Consider setting up automatic payment of your policy premiums from your savings or checking account so you do not miss paying your premiums on time.
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If you miss paying a premium on time, ensure that it is paid within the grace period before a policy lapses.
Not exact matches
It's definately best to make your payments on the loan on time, or you will pay a premium for the extra loan time and / or missed payment fees.
In whole life, you have to pay your premiums on time every month or year, and you can't miss or your policy will «borrow» the premiums against the cash value, which you pay INTEREST on.
If your Health Insurance policy renewal date is missed and you failed to pay the premium on time, then don't worry.
This is because you may miss out on paying the premium payment on time, even within the grace period, creating a lot of headache and unnecessary hassles for you.
Since guaranteed universal life policies do not have a cash value to dip into if you miss a payment, it is extra important to make sure you pay your premiums on time.