It's normally 2 years in the UK.
In force in auto insurance terms means that a policy is in place or active. So, seeing that in that box typically means the same as active.
Simple. You just buy a new policy.
You would need to contact your insurance company and ask them if your policy is still active.
You call customer service of the insurance company and ask. But if the policy is cancelled, it is very likely there is no value to it.
Claims FrequencyIt refers to how often cliams are filed against your insurance policy. Frequent claims activity can result in cancellation or non renewal of your policy.
If thee policy has already lapsed, there is no active policy to cancel. It means that it is already cancelled.
In Short - NO. However it is entirly depands on the individual policy contract. as a thumb rule - cancelled life insurance policy is not reinstatable. Regards, Tarun Bansal Life Insurance Advisor LIC of India - Delhi http://www.savingwala.com
Yes. Non Payment of premium can cause a cancellation or non renewal of an insurance policy.
Just call Banner life and ask someone in either Claims or Customer Service.
I would need to know why the policy was cancelled back to inception. Sometimes this is called "flat" cancellation and it is extremely rare. Could you tell me why the insurer cancelled back to inception?
Yes it does. The cancellation of an insurance policy is not retroactive.
Yes