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What else can I help you with?
When can a health insurer cancel your insurance for non-payment?
Most insurance policies, including health policies, provide for a stated due-date for the payment of premium each month. They usually also provide for a grace period (such as 10 days) after the stated due date within which the company will accept the premium without penalty. The policy may be subject to cancellation if the correct premium is not received by the end of the grace period.
Can an insurance broker use a premium payment for reasons other than paying premium to insurer in the time between the collection of the premium and the due date of the premium?
No, This would be considered a misappropriation of premium funds. It is a violation of your agents fiduciary responsibilities and is strictly prohibited by your state regulators.
When you mail your credit card payment on the due date your payment will be considered what?
Your payment will be late, if it does not arrive on or before the due date.
How long after the premium due date can the insurer lapse the coverage for non-payment?
The time frame for an insurer to lapse coverage due to non-payment typically varies by policy and state regulations but usually ranges from 30 to 60 days after the premium due date. Insurers often provide a grace period during which the policyholder can make the payment without losing coverage. If the premium remains unpaid after this period, the insurer may proceed with lapsing the policy. It's important for policyholders to check their specific insurance contract for detailed terms.
What is the due date for the sewer bill payment?
The due date for the sewer bill payment is the 15th of each month.
Is the legal payment date the date the transaction is initiated or the date the payee receives the payment?
The legal payment due date is the date specified in the contract. The actual payment date is the date the payment is initiated by the payor unless specified otherwise in the contract.
In ePay funtionhow can you select to pay the full amount due a week before the payment due date?
In the ePay function, you can select to pay the full amount due a week before the payment due date by navigating to the payment settings or scheduling options. Choose the option to make an advance payment and enter the total amount due. Ensure you set the payment date to a week prior to the official due date, then confirm and submit the transaction. This will ensure your payment is processed on your chosen date.
Is it possible to use a credit card after the payment due date has passed?
No, it is not possible to use a credit card after the payment due date has passed.
What is the meaning of payment due date, minimum amount due, and last bill due in a credit card?
A payment due date is the day that a minimum payment is due on a credit card bill. The minimum amount due is the smallest amount of money that must be paid in order to avoid a late payment fee. The last bill due is the date of the previous month's credit card bill.
Can you use your credit card on the due date for payment?
Yes, you can use your credit card on the due date for payment, but it's recommended to make the payment a few days before the due date to ensure it is processed on time and to avoid any potential late fees.
How can you select to pay the full amount due a week before the payment due date in epay?
In the ePay function, how can you select to pay the full amount due a week before the payment due date
In the ePay how you can select to pay the full amount due a week before the payment due date?
In the ePay function, how can you select to pay the full amount due a week before the payment due date
