If you don't pay the premium the policy will be cancelled.

If you don't pay the premium the policy will be cancelled.

If you don't pay the premium the policy will be cancelled.

If you don't pay the premium the policy will be cancelled.

Yes, of course. The current owners on the policy have to pay for the insurance policy, This is why this policy states that it is a homeowners policy.

The Equal Pay Act of 1963.

This type of policy is also referred to as a limited pay life insurance policy. Life insurance premiums are paid for 20 years then the policy is paid in full and no futher payments are required. The policy remains active until it is paid out or cashed in.

They should NOT have to pay if the policy holder did not read the agreement prior to signing the policy