|
Installment |
6-Pay Plan |
Due Date |
9-Pay Plan |
Due Date |
|
1st |
25% |
Effective
date of policy |
20% |
Effective
date of policy |
|
2nd |
15% |
50 days
after effective date |
10% |
30 days after
effective date |
|
3rd |
15% |
100 days
after effective date |
10% |
60 days after
effective date |
|
4th |
15% |
150 days
after effective date |
10% |
90 days after
effective date |
|
5th |
15% |
200 days
after effective date |
10% |
120 days
after effective date |
|
6th |
15% |
250 days
after effective date |
10% |
150 days
after effective date |
|
7th |
|
|
10% |
180 days
after effective date |
|
8th |
|
|
10% |
210 days
after effective date |
|
9th |
|
|
10% |
240 days after
effective date |