Are there any penalties for late premium payments?

Asked 6 months ago
Yes, there are penalties for late premium payments with Insurance La Perle. We understand that unforeseen circumstances can arise, but it is important to pay your premiums on time to maintain your coverage. If your premium payment is not received by the due date, a late fee will be applied. The amount of the late fee may vary depending on your policy and the length of delay. Additionally, repeated late payments may result in a higher premium in the future or even the cancellation of your policy. To avoid any penalties, it is recommended to set up automatic payments or make timely manual payments to ensure your coverage remains active and uninterrupted.
Christian Allen is the editor / author responsible for this content.
Answered May 3, 2024

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