Traditional Culture Encyclopedia - Traditional culture - How long is the insurance renewal period?
How long is the insurance renewal period?
How long the renewal period is determined according to the specific types of insurance. Generally speaking, the renewal period of long-term insurance is 60 days, while the renewal period of short-term insurance is 15 days. Usually, when the insurance is about to expire, the insurance company will remind the insured to renew the insurance through SMS. If the applicant successfully renews the insurance during the renewal period, he can continue to enjoy the protection rights of the insurance.
If the insured misses this renewal period, he can apply to the insurance company for renewal, but the insurance company may not necessarily agree. Even if he agrees, he usually needs to pay more interest.
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