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.
Simple. You just buy a new policy.
If thee policy has already lapsed, there is no active policy to cancel. It means that it is already cancelled.
Government and the public review the policy and decide if it should be continued, altered, or 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.If you don't pay the premium the policy will be cancelled.
Formula to Find the Equity
in order for a cancellation to be valid a written notice should be handed to the insurer by the policy holder, so ask them for a written proof of cancellation with your grandma's signature on it. if you have access to her bank statements check when the last premium was paid that's if premiums were deducted from her banking account. if they fail to provide solid proof that your grandma cancelled her policy, you can ask the insurance ombudsman to investigate. good luck
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?
No
providing welfare benefits
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
One could find an equity release calculator at the following sources: The Equity Release Calculator; Aviva Equity Release; Responsible Equity Release; and Bristol West Life Time.
providing welfare benefits