Fortune Life Implements One-time 60-day Grace Period for Regular Policyholders

Pursuant to RA 11494 Bayanihan to Recover as One Act and IC Circular Letter No. 2020-095, Fortune Life implements a one-time grace period of 60 days for regular policyholders whose life insurance premiums are due from September 1 to December 31, 2020.

However, all policies with premiums due on January 1, 2021 onwards will follow the standard 31-grace period implemented by the company.