What happens if I miss a payment?

If a policyholder misses a payment with Family Heritage Group, it is important to understand the implications this can have on their policy. Typically, when a payment is overdue, the policy enters a grace period. This grace period allows the policyholder some extra time to make the payment without losing coverage. The length of this grace period can vary based on the specific terms of the policy, so it is essential to refer to the policy documentation for exact details. If the payment is not made within the grace period, the policy may lapse, resulting in a loss of coverage. It is crucial for policyholders to communicate with Family Heritage Group to understand their options and any necessary steps to reinstate the policy if it has lapsed. Reinstatement may require paying back premiums and could involve a review of health status. For the most accurate and detailed information regarding specific circumstances, it is always advisable to check the policy documents or visit the official Family Heritage Group web page for further guidance. Staying proactive about payments can help maintain continuous coverage and avoid any complications related to lapses.