2024-07-23 15:49:38
Make sure your insurance policy is always active and get long-term protection benefits. Photo: supplied
jpnn.comJAKARTA – Living healthy and happy with family, and having a calm mind without having to worry about financial problems, is certainly everyone’s dream. However, no one can predict what can happen in the future. This includes the possibility of various life risks, such as falling ill, having an accident, or other disasters.
For this reason, having active life and health insurance is important to protect yourself and your family from unexpected events.
Insurance, especially health insurance, is here to help customers maintain their financial stability and avoid ever-increasing medical costs.
Without insurance, people can be burdened with the costs of hospitalization, surgery, or long-term treatment that can skyrocket.
In addition, insurance also serves to help customers manage their finances. In certain insurance products such as PAYDI (insurance products linked to investment), for example, customers in addition to getting life protection, through PAYDI some of the premium funds paid can be allocated to available investment instruments such as money markets, bonds, or stocks which of course must be in accordance with the customer’s risk profile.
In order for the policy to remain active, one of the customer’s obligations is to regularly check the status of the policy and pay the premium on time, to ensure that the benefits received continue and the customer remains protected.
If the customer does not make premium payments when the insurance policy has entered its maturity period until it passes the premium grace period, this can result in the policy status becoming “lapsed” or inactive.
The premium grace period is generally valid for 30 to 45 days, depending on the provisions stated in the policy, therefore customers are required to read the provisions in the policy they have.
Having active life and health insurance is important to protect yourself and your family from unexpected events.