COVID-19: Lapsed Policies and Grace Period Extensions At OneAmerica, we believe in being there when our customers need us most. We recognize that due to the far-reaching effects of the COVID-19 pandemic, some life insurance policyowners currently may struggle to pay their premiums on time. To help those who have a real need during this time and to address the various state requests and directives, the following procedures are being implemented: For policies that have lapsed If a life insurance policy lapsed AFTER the policyowner’s resident state issued a moratorium on lapses, then: OneAmerica is automatically extending coverage on these
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COVID-19: Lapsed Policies and Grace Period Extensions
Asset Care, Coronavirus, COVID-19, hybrid, insurance, linked benefit, LTC, oneamerica, pandemic, State Life, training, and virus.