Overview
If your Home Insurance policy lapses, your property will no longer be protected against risks like fire, theft, and water damage.
It’s important to renew your policy on time to avoid coverage gaps.
What Happens If Your Policy Lapses?
- You lose protection against property damage or theft.
- You may struggle to make claims for incidents occurring after the expiry date.
- Your renewal offer may not be guaranteed if there is a gap in coverage, and your premium rates may increase.
How to Avoid a Lapse in Cover?
- Set up automatic renewal – Contact Laferla to arrange hassle-free renewal.
- Renew before the expiry date – You will receive a reminder when your policy is due.
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Check payment details – Ensure your card or bank details are up to date.
What to Do If Your Policy Has Already Lapsed?
- Contact Laferla immediately to check if reinstatement is possible.
- If reinstatement is not available, purchase a new policy as soon as possible.
- Be aware that claims for events occurring during the lapse will not be covered.
For assistance with policy renewal or reinstatement, kindly contact support on info@laferla.com.mt to submit a ticket.