Can I keep 50 lakhs in FD?
Yes, in many cases, you can keep your Aflac insurance coverage even after you leave your job. Aflac policies are typically portable, meaning they are owned by the policyholder rather than the employer. When you quit, you will need to contact Aflac directly to inform them of your employment status change. You can then transition from paying your premiums through payroll deductions to direct billing, where you pay the premiums yourself via electronic funds transfer or credit card. It is essential to contact Aflac promptly to ensure your coverage remains active and to update your contact and billing information, preventing any potential lapses in protection that could occur during the transition period between employers.
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