What happens if I miss a premium payment?

If you miss a premium payment on your Legal & General Insurance policy, there are a few possible outcomes. Firstly, you will receive a reminder or notification regarding the missed payment. It's crucial to take immediate action and make the payment as soon as possible to ensure your coverage continues uninterrupted. Failure to pay within the specified timeframe could lead to a lapse in your policy, resulting in the loss of insurance benefits and protection. In such cases, reinstatement may be possible, but it usually requires settling any outstanding payments and potentially undergoing a new underwriting process. It is essential to communicate with Legal & General Insurance promptly if you encounter difficulties making a payment, as they may be able to offer alternative arrangements to maintain your coverage.