What happens if I miss a premium payment for my life or health insurance policy?

If you miss a premium payment for your life or health insurance policy with Swiss Re, it could have different consequences depending on the specific policy terms. Usually, there is a grace period during which you can make the premium payment without any penalties or policy lapse. However, if the payment is not made within the grace period, your policy may lapse, leading to a loss of coverage. In such cases, reinstatement of the policy may be subject to certain conditions, such as evidence of insurability and payment of any outstanding premiums. It is important to contact Swiss Re Life & Health or your insurance agent as soon as possible if you miss a premium payment to discuss the options available and avoid any disruptions in coverage.