Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What happens if a premium is missed or stopped on a Savings Benefit?

April 26, 2017benefit happens missed Premium savings stopped

0

Posted

What happens if a premium is missed or stopped on a Savings Benefit?

1 Answer

0

Posted

You will be notified that you missed a premium. You will have 28 days in which to repay this missed premium, after which the commitment is considered to be broken and the Savings Benefit becomes paid-up.