Is there a grace period for premium payments?
Asked a year ago
Yes, Principal Life offers a grace period for premium payments. This grace period allows policyholders a specified amount of time after the due date to submit their premium payments without incurring any penalties or risk of policy termination. The length of this grace period may vary depending on individual policy terms, but typically it is a 30-day window. During this period, coverage remains in effect, ensuring that policyholders do not experience any interruption in their insurance protection. It is important to note that while a grace period is provided, it is still recommended to submit premium payments in a timely manner to maintain a continuous coverage and avoid any potential complications.
Need further help?
Type out your followup or related question and we will get you an answer right away.
Similar Questions
Need to call Principal Life?
If you need to call Principal Life customer service, now that you have the answers
that you needed, click the button below. You can either call them on your phone or use our
free AI-powered phone to dial for you, get a rep for you, and more.
Call Principal LifePrincipal Life
Find a list of many popular Principal Life questions with answers or step by step guides on our FAQ page below. Or ask a whole new question and get an answer right away.
Call Principal LifePrincipal Life Customer Service FAQAsk a QuestionWas this page helpful?YesNeeds work
Sharing is what powers GetHuman's free customer service contact information and tools. You can help!