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All you
want to know about the...
LIFE POLICY Service
Procedure
5.2
Changes involving Premium
Adjustment - CHANGE IN SUM
INSURED
| Type |
When
To Do |
Forms/Requirements |
Remarks |
| 5.2
Change in Sum Insured |
Reduction:
Effective as of next due date |
- Request for Change Form (x 2)
- Payments of premium
|
|
| Increment:
Allowed within the first policy year |
- Request for Change Form ( x 2)
- Health Declaration Form
- Medical Report if exceed non-medical
limit
- Difference in premium with interest
compounded at 9%
|
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services
provided
by kooagency
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