Inforce is an insurance term that indicates a policy is still active and in effect. This means that coverage is ongoing, premiums have been paid as scheduled, and the policyholder remains entitled to the benefits stated in the contract.
While the term might sound unfamiliar to some, “inforce” is an important concept that plays a major role in determining the status of your insurance coverage. Without realizing it, many policyholders lose their right to file claims simply because their policies became inactive due to missed premium payments or failure to renew. To avoid facing the same issue, it's important to fully understand what “inforce” means in insurance.
Inforce is an insurance term that indicates the policy is still active and valid. This means the coverage is in effect, premiums have been paid according to schedule, and the policyholder is still entitled to the benefits stated in the contract.
If a policy is inforce, then:
You can submit claims as per the policy terms
Protection against risks remains active
There are no overdue premiums that would stop coverage
On the other hand, if the policy is not inforce (lapsed or terminated), the coverage has ended. Lapsed means the policy is no longer active because the premium was not paid within a specific time frame, usually after the grace period has passed. Terminated status means the policy has been permanently ended, either because the policy term expired or upon request from the policyholder or the insurance company.
In short, only inforce policies allow you to submit claims based on the benefits outlined in the contract.
Knowing whether your policy is inforce is very important for the following reasons:
If your policy is inactive, you won’t be able to claim benefits, even if a covered risk has occurred. Inforce status ensures you are still eligible to receive the stated benefits.
If the policy lapses, any medical expenses or losses must be paid out-of-pocket, which can lead to a significant financial burden.
If the policy remains lapsed for too long and you want to reactivate it, you may need to go through another underwriting process — which can be harder or even rejected if your health has changed.
Maintaining long-term protection is critical, especially for products like life or long-term health insurance. Inforce status ensures continuous protection as you age and your risks increase.
From the explanation above, we can conclude that keeping your insurance policy inforce is essential to ensure continuous coverage and benefits. As a policyholder, you may face issues if your policy becomes inactive due to late premium payments. To avoid this, here are some tips to help you maintain your policy’s active status:
Policyholders often forget to pay premiums on time due to busy schedules or simple forgetfulness. To avoid this, set reminders by marking your premium due dates in your phone’s calendar. Don’t forget to activate alerts so you never miss a payment. With proper reminders, you can ensure premiums are paid on time and your policy remains active.
One of the best ways to ensure timely premium payments is by using an auto-debit system. This allows the insurance company to automatically deduct the premium from your bank account on the scheduled date. Just make sure your account has sufficient funds for the payment.
In addition to timely premium payments, it’s important to check your policy status regularly. You can contact your insurance agent or use the insurer’s mobile app or digital platform to verify whether your policy is still active. Perform regular checks every few months to avoid issues that could interfere with future claims.
One of the insurance types that heavily relies on inforce status is health insurance. Health insurance policies provide coverage for medical expenses, which can be very costly when health issues arise. To ensure your health insurance benefits remain valid, you must keep your policy active.
By using health insurance, you gain continuous protection from medical risks — whether for inpatient care, outpatient care, or other treatments. An active health insurance policy can save you from high medical costs and provide peace of mind, especially if you’re dealing with conditions that require substantial treatment expenses.
If you want to ensure optimal health coverage, be sure to choose the best health insurance product that suits your needs. Don’t hesitate to visit Roojai.co.id for more useful insights and information about insurance.