Medical Insurance

Can you pay now for coverage later?


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Wiki User
2010-10-27 12:59:16
2010-10-27 12:59:16

The premium charged for health insurance is based on a person's health, medical history, age, amounts of deductibles and co-payments and the "richness" of the benefits provided by the policy. "Richness" refers to the extent of benefits provided, the degree of choice of providers, annual and lifetime benefit limits, and other factors.

With respect to any insurance, premium is always paid in advance, so almost by definition, a premium has been paid at the time the insurance is used (if it was not timely paid, the policy would normally have been canceled). In fact, before a policy is initially issued, a premium must accompany the application.


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it means that if u dont have any cash on you. u can pay it by credit card or if u don't have any money now u can pay it later.

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Pay now, play later. Serve your country now, you'll be glad you did...later.

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In this case you would use your Uninsured Motorist coverage if you have this coverage. Your UM coverage will pay for damage to your vehicle less your deductible. If later the person is found and their insurance or they personally pay for the damages then your insurance company will get reimbursed and you will also get back your deductible that you paid in you UM coverage.

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Yes, you can go shopping as usual and when you get to the checkout simply select the Buy Now Pay Later option. For more information, call customer care team on the Very contact number 0344 822 2321.

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