Interview Questions Answers.ORG
Interviewer And Interviewee Guide
Interviews
Quizzes
Home
Quizzes
Interviews Financial Account Interviews:Associate Finance ExecutiveBilling CoordinatorBilling SpecialistBudget AnalystCash ClerkCashier AssistantCFOClaim ClerkCommercial Loan OfficerDeath Benefits ClerkFinance AnalystFinancial AdministratorFinancial ControllerFinancial PlannerFinancial SpecialistHedge Fund TraderIncome Tax ExpertInsurance AgentWestern Union
Copyright © 2018. All Rights Reserved
Death Benefits Clerk Interview Question:
Explain me what happens if you fail to make required premium payments?
Submitted by: MuhammadUsually, Insurance Company gives a grace period of 10-15 days to the insured if they fail to pay the premium before the due date. Further, if you fail to pay a premium, then your policy will lapse. You can revive your policy by paying the outstanding premium along with the interest, counted from the date the policy got lapsed. Different Insurance Company has a different norm for reviving the policy.
Submitted by: Muhammad
Submitted by: Muhammad
Copyright 2007-2024 by Interview Questions Answers .ORG All Rights Reserved.
https://InterviewQuestionsAnswers.ORG.
https://InterviewQuestionsAnswers.ORG.