What Do I Do If I Have A Lapsed Insurance Policy?

Posted on Mar. 9, 2022

Ontario law has grace periods with respect to non payment of premiums for life insurance policies. The policy may provide for a longer grace period. There is no mandatory grace period for a disability policy but non payment could trigger termination of a policy. There are strict requirements for termination that the insurer must comply with.

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What Do I Do If I Have A Lapsed Insurance Policy?

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