My premiums are paid through payroll deduction where I work. Why does one month show double premium payments and the next month shows no premium payment?
All premiums are credited as of the date Colonial Life receives the payment at our Home Office. If the premium for a particular month is received early, the premium activity on the Annual Report will show additional payments (beyond the planned premium) credited for that month. Because of the early receipt of a scheduled premium payment, the next month’s activity may not reflect a premium payment(s) being credited.
Related Questions
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