What is an insurance policy's grace period?
A) Period of time after the initial premium is paid and before the policy is issued
B) Period of time it takes for a policy's underwriting to compete
C) Period of time after a policy is issued and before it is delivered to policyowner
D) Period of time after the premium is due but the policy remains in force
Ans: D) Period of time after the premium is due but the policy remains in force
Business
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