What happens if I miss a premium payment?

If an individual misses a premium payment for a policy with American Nation Group, the consequences can vary based on the specific terms of the policy. Generally, there is a grace period during which the policyholder can make the payment without losing coverage. This grace period typically lasts for around thirty days, but it is essential for individuals to refer to their policy documents to confirm the exact duration as this can differ among different products. If the payment is not made within the grace period, the policy may lapse, resulting in the loss of coverage. In some cases, if a policy lapses due to non-payment, the individual may be able to reinstate the policy by paying the overdue premiums plus any applicable fees. However, reinstatement policies can differ among American Nation Group offerings, and health assessments or other conditions may apply. For further details and to understand how this may affect specific policies, individuals should check the terms outlined in their policy documents or refer to the current American Nation Group website for more information, including contact details for direct inquiries.