If the policyholder does not pay the premium
even during the grace period after the expiry of the renewal date, the policy lapses.
If you fail to pay the premium
even during this grace period, your policy will lapse.
Revival: In the event of premium not being paid
even during the grace period, the policy would lapse.
Not exact matches
Nobel - prize laureate James Watson proposes that parents of newborns be granted a
grace period during which they may have their babies killed, and in 1994 a committee of the American Medical Association proposed harvesting organs from some sick babies
even before they die.
Remember:
Even though you are not expected to make payments
during this
grace -
period, the interest on your student loan still accrues.
You can apply for the student loan anytime
during the
grace period or
even on the repayment
period.
Borrowers are responsible for paying all the interest on their unsubsidized loans,
even during the six - month
grace period and
during deferment or forbearance.
Even then, you will have lost your
grace period, meaning that you'll incur interest charges on all your purchases
during your next statement
period, (as well as the $ 27 you were short from the original statement
period).
The policyholder can make a premium payment any time
during this
grace period even after the due date.
Even if you were to pass away
during the
grace period, your beneficiary would most likely still get the death benefit.
Your life cover continues in the day of
grace...... Your life cover continues
even during the auto - cover
period or Claim concession
period.....