Get in touch - Bank of Valletta - BOV Group
Customer Service Centre - Bank of Valletta - BOV Group
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What if I stop paying?
What if I stop paying?
What if I stop paying?
  • If you do not make a payment on time (or within the 30 days of grace that we allow), the life 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 the cash surrender value is higher than the premium due, your Plan will be kept in force by the operation of an Automatic Premium Loan which means that the premium due will be paid by means  of a loan from the cash surrender value of the Plan. The primary purpose is to prevent unintentional lapse of the Plan.
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BOV Pjazza
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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).