How long does it take for the insurance policy to lapse?

By TymeBank - 16 October, 2020
  • If a policyholder misses a premium, Hollard Life can collect that one missed premium from his/her bank account at any future date or collect 2 premiums from his/her bank account the following month to make sure their policy stays up to date and active.
  • If a policyholder misses 2 premiums, that policy will be stopped and any claim under that policy will not be paid by Hollard Life.