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  • Can insurance company reject the term insurance claim if premium paid after 5 days of due date ?
SP
Sanjay Pujara
Q&A | Ref. No: 290124451 | 15 Jul, 2021, 02:43 PM

Can insurance company reject the term insurance claim if premium paid after 5 days of due date ?

Policybazaar Team
27 Jul, 2021, 11:31 AM

Hi Sanjay, if you have missed the due date of the premium payment of your term insurance plan, the insurance company will provide you with a grace period of 30 days. And in those 30 days, you can pay your premium. Else, if not paid then your policy will lapse. 

Related Questions

KA
kasta
Q&A | Ref. No: 44859134 | 18 Feb, 2021, 03:54 PM

consult me

Click to view answer
Policybazaar Team
18 Feb, 2021, 03:54 PM

Hi Kasta, We have requested our team to call you shortly. You can read more about Term Insurance plans here https://tinyurl.com/4cy5yrbz

BC
bharat chand
Q&A | Ref. No: 19443135 | 18 Feb, 2021, 03:53 PM

consult me now

Click to view answer
Policybazaar Team
18 Feb, 2021, 03:53 PM

Hi Bharat, we have requested our team to call you shortly. You can read more about Term Insurance plans here https://tinyurl.com/4cy5yrbz

DK
dwijendra kumar talukdar
Q&A | Ref. No: 62781162 | 18 Feb, 2021, 03:07 PM

how can i change my Email address in lic policy

Click to view answer
Policybazaar Team
18 Feb, 2021, 03:07 PM

Hi Dwijendra, The process is very simple you 1. You need to log on to LIC website 2. Under the Customer Services tab you will have an option to change your information online 3. Fill in the short form and validate your policy details Once done you will get a reference number keep it with yourself for future use. Alternatively you can also call their helpline number 022-68276827

PA
Pooja Arora
Q&A | Ref. No: 28609168 | 18 Feb, 2021, 07:17 PM

How I could know the present status of my policy

Click to view answer
Policybazaar Team
18 Feb, 2021, 07:17 PM

Hi Pooja, All you need to do is log on to the Customer Portal of your insurer and you will get the details there. If you have bought the insurance policy from Policybazaar, you would then need to just download the app and login to your My Account section.

GS
Gaurav Sharma
Q&A | Ref. No: 51321193 | 21 Feb, 2021, 01:39 AM

Wcp policy

Click to view answer
Policybazaar Team
21 Feb, 2021, 01:39 AM

Hi Gaurav, we have requested our team to reach out to you for Workmen Compensation Policy. You can read more about the same here https://tinyurl.com/1cfn6z0s

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