Get in touch - Bank of Valletta - BOV Group
Customer Service Centre - Bank of Valletta - BOV Group
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What happens if I stop paying an MSV Maximum Investment Plan?
What happens if I stop paying an MSV Maximum Investment Plan?
What happens if I stop paying an MSV Maximum Investment Plan?
If you do not make a payment on time (or within the 30 days of grace that we allow), your cover under the Plan will end automatically (unless it has a cash surrender value). We would normally however allow you some additional time to make any outstanding payments and restore your policy.

If your Plan has a cash surrender value it will be converted to Paid-Up. This means that there will be no more premiums due under the Plan, the Sum Assured will be reduced to the Minimum and any Additional Benefits selected will be cancelled. When a policy is converted to Paid-Up, we will also deduct the Surrender Charge as listed in the Surrender Charge section.
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Bank of Valletta p.l.c. is a public limited company regulated by the MFSA and is licensed to carry out the business of banking and investment services in terms of the Banking Act (Cap. 371 of the Laws of Malta) and the Investment Services Act (Cap.370. of the Laws of Malta).