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Grace Period

The time between an insurance policy's premium due date and the date the policy will lapse if the premium remains unpaid. Typically, grace periods are 30 or 31 days, and no interest is charged on premiums paid during that time.

A grace period protects insured’s and their beneficiaries from having the policy terminate inadvertently.

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Life-Ins.co.uk is a service provided by Invest & Protect Ltd registered office 45 Market Street Hoylake Wirral registered in England and Wales Registration number 4566052

Invest & Protect Ltd is authorised and regulated by the Financial Services Authority under firm reference number 439830. The financial services authority does not regulate inheritance tax planning.

Invest & Protect LTD
45 Market Street
Wirral
Cheshire
CH47 2BQ

Tel 0845 22 55 191

Fax 0151 632 2117

email:
info@life-ins.co.uk

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