Legal Question in Insurance Law in India
Days of grace in terms of police premium payment
Asked on 12/05/12, 6:23 pm
3 Answers from Attorneys
Fca Prashant Chavan
Expert Edge LLP
06.12.2012
Dear Sir / Madam,
21 days grace after due date for payment of premium has elapsed. Surrender Value computed and disbursed to the policy holder within 60 days of policy expiry.
Regards,
Fca Prashant Chavan
Mumbai
Answered on 12/05/12, 9:34 pm
it is vary from company to company for details contact ur company
Answered on 12/06/12, 4:28 am
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