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The grace period in insurance is a window of extra time (usually 15-30 days) given after the premium due date to make your payment without losing coverage. During this period, your policy remains active, but if you miss the grace period, the policy lapses, and you risk losing benefits. While the grace period offers protection against missed payments, no claims can be made for incidents that happen after the due date. Always aim to pay on time to avoid complications! [health insurance, term insur
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16K views · 118 reactions | Ever wondered what happens if you forget to renew your insurance on time? There's a grace period! Watch this video to know about grace period in detail. #StarHealth #StarHealthInsurance #HealthInsurance #GracePeriod | Star Health And Allied Insurance | Facebook
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