Life insurance gives security to your loved ones if you are no longer there to provide for them. That makes it very important. Keeping it from getting canceled is vital to their financial security. At Robnett Integra Insurance Services in Brownwood, TX, we offer many affordable life insurance options that can provide the necessary safety net.
The most common reason your life insurance may be canceled is the non-payment of the premium. Most life insurance policies offer a variety of payment options. You can pay yearly, monthly, or quarterly. If you have chosen annually and find that you can’t make that payment, you should be able to call your agent and request that you change to a monthly option. If you don’t have an agent, your insurance company website should allow you to make the change, or you can give them a call.
Most insurance companies have options to help you to keep your policy. They don’t want to lose you as a customer, so don’t be afraid to call to negotiate with them.
Another reason your life insurance may be canceled is that the carrier discovers that you lied on your application. Not answering questions truthfully is a big issue. You may think that lying about a medical condition or whether or not you smoke is not a big deal, but it is, and it could cost you your policy.
The good news is that your life insurance policy can’t be canceled because you get older or get sick. Even if you start to smoke late in life, you are safe. Buying other insurance won’t hurt you a bit.
Contact Robnett Integra Insurance Services in Brownwood, TX to talk about your life insurance and what you need to ensure your family is provided for if you aren’t there.