Premium must be paid and received by your insurance company within 60 days from the inception date of the cover, otherwise the cover is automatically cancelled and you will still have to pay the proportion of the premium for the 60 days. It is advisable that you pay premium directly to the insurance company. Should you decide to pay the premium through your agent, ensure you cheque is made payable only in the name of the insurance company.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment