Life insurance companies will be able to postpone insurance payment until the next April at the maximum Corona impact June 12 18:12
Life insurance companies have decided to delay the payment of insurance premiums for up to April next year for policyholders who are unable to pay the insurance premiums for life insurance due to the reduced income due to the new coronavirus.
Life insurance companies have already decided to pay the maximum amount of insurance premiums to policyholders whose income has decreased due to the new coronavirus, and to postpone it until the end of September.
Chairman Hiroshi Shimizu of the Life Insurance Association revealed at a press conference on the 12th that the grace period for payment of insurance premiums will be further extended until the end of April next year because the impact of spread of infection is expected to be prolonged Did.
In addition, until now, as a general rule, we were required to make payments in bulk for all unpaid insurance premiums within the grace period, but from now on we will allow payment in installments.
According to the Life Insurance Association, as of the end of last month, there were already 170,000 applications for extension of the premium grace period, Chairman Shimizu said. We are listening to the request of the contractor, and we will continue to take special measures as far as we can."