If you require conditional coverage during the time your policy is being underwritten, you must send in your first premium payment with your application to IntelliQuote.
However, we do not require a premium payment to be made at the time of application. Your first premium payment may be made when your policy is approved.
Once a policy is issued, it cannot be canceled by the insurance company during the policy period, including changes in health. However, the insurance company can cancel a policy if the required premium payments are not made or if any of the information on the application was found to be misleading or inaccurate.
As a policy holder you may choose to stop paying life insurance premiums at any time to cancel your policy.