Premium Discontinuance. If you are unable to pay the installment premium by the due date, you will be given a grace period of 30 days (15 days for monthly mode) during which time all benefits under the policy will continue.
Appears in 3 contracts
Samples: Insurance Policy, Insurance Policy, Insurance Policy
Premium Discontinuance. If you are unable to pay the installment premium Installment Premium by the due date, you will be given a grace period of 30 days (15 days for monthly mode) to make the payment of due installment premium during which time all benefits under the policy will continue.
Appears in 2 contracts
Samples: Insurance Policy, Insurance Policy
