Answered step by step
Verified Expert Solution
Question
1 Approved Answer
If a person misses making a premium payment, they have a period of time to make-up or pay that missed payment without the risk of
If a person misses making a premium payment, they have a period of time to make-up or pay that missed payment without the risk of the policy terminating.
Q: What is the "make up" period called?
Group of answer choices
Make-Up Period
Reinstatement Period
Free Look Provision
Grace Period
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started