Editor
Editor

Editor's Blog

Keeping Your Medicare Supplement Policy In Force


women reading a book on the grass

Do I have to notify Manhattan annually that I would like the policy to remain in force?

No, once your application is approved and you are issued a policy it is guaranteed renewable for your entire life, contingent upon the timely payment of premiums.

What if my premium payment is late?

A grace period of thirty-one days is granted for the payment of each premium payment. During the grace period the policy remains in force.

What if my policy lapses due to non-payment of premiums?

A policy may be reinstated if the grace period expires without receipt of payment, however in order to be reinstated the insured will have to fill out a reinstatement application and go through the underwriting process. This could potentially involve a phone interview, list of current and past prescriptions, and in rare cases medical records from your physician. 

Visit ManhattanLife's Medicare Supplement for plan information.

 


Comments are closed.
ManhattanLife logo
LATEST BLOG