Can you cancel term life insurance?

Answer You can cancel term life insurance. Term insurance is coverage for a specific period for which a set monthly premium is due. Failure to make premium payments will result in coverage cancellation... Read More »

Top Q&A For: Can you cancel term life insurance

Can an employer cancel an employees life insurance while they are out on long term disability for a terminal illness Massachusettes?

Can your employer cancel your health insurance when you are on short term or long term disability because you did not make a payment on your insurance like is normally done through your paycheck?

Your employer's obligation to pay premiums normally stops when your paycheck does, that is, when your medical and personal leave is exhausted, and there is nothing left to deduct the premiums with.... Read More »

Can you cancel your auto insurance midway through the term if you can get a better rate from another company?

One can switch over to another company to get a better rate but not in the midway but only at the time of renewal of the policy, under Portability clause. Answer Check with the insurance company; ... Read More »

How to Cancel Life Insurance?

There are many reasons why you many need to cancel life insurance for yourself or a loved one. You may no longer have the funds to pay for the policy. You may want to cash out the money that you ha... Read More »