Cancellation for Non-Payment

I have a business policy where payment is due on this Sunday and it is due to be cancelled unless payment is received that day. I've just realized this and today is Saturday. I cannot reach my insurance company or agent due to it being the weekend and Monday is a statutory holiday. Will they accept my payment on Tuesday and not cancel my policy.

 

Answer:

Given that your insurance company is closed over the weekend, you might have a chance to catch this. Your best bet is to get your payment there first thing on Tuesday morning. You might even want to drive it over.

 

This is a great reason to have either pre-approved payments come from your bank account or credit card for crucial bills. Your business insurance policy is one of those.  

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