What happens if I miss a payment?

If you miss a payment with Intact Financial, certain consequences may apply. Firstly, you might receive a reminder notice to inform you about the missed payment. It is crucial to make the payment promptly to avoid any negative impacts. Failure to make the payment within the specified timeframe may result in cancellation or non-renewal of your policy. Additionally, late payment fees could be applied to your account. In case of a cancellation due to non-payment, you may need to reapply for coverage, and this could lead to new terms, conditions, and rates. Therefore, it is advisable to prioritize timely payments to maintain continuous coverage and avoid any potential disruptions to your policy.