Current Affairs

GK MCQs Section
Q. "Grace Period" in an insurance policy refers to:
Answer: The time given after the due date of premium payment during which the policy remains in force
Notes: The grace period is the additional time (usually 15-30 days) given after the premium due date during which the policyholder can pay the premium without losing coverage.
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📌 Question Number: 5 in Important Terms Related to Insurance Sector in the above course in App.