Q: I have return of premium policy that ends in 2 years, I missed 2 payments and they won't reinstate any advice thanks
A reinstatement form was sent
we missed the payments due to our bank account being compromised, I guess being a loyal customer with only one claim in 20 plus years probably
Lawyers, want to be a Justia Connect Pro too? Learn more ›
- (702) 463-4900
- View Profile
- Answered
A: In Alabama, if you've missed two payments on your return of premium policy, it's important to take proactive steps. Complete and submit the provided reinstatement form promptly, expressing your intent to reinstate the policy. Reach out to the insurance company's customer service, explaining the missed payments due to a compromised bank account. Providing documented evidence of the bank account compromise can strengthen your case. Initiate a conversation to negotiate the possibility of reinstatement, emphasizing your history as a loyal customer with minimal claims. Be prepared to address outstanding payments, fees, or interest associated with the missed premiums. Act swiftly, as insurers often have specific timeframes for reinstatement.
Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.
The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.
Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.
