Keyword Analysis & Research: insurance policy period


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Frequently Asked Questions

What time does an insurance policy expire?

If a car insurance policy expires on a certain date, it expires at 12:01 AM or a minute past midnight of that date. Although it is at the discretion of each insurance company, most give their policyholders a grace period.

What is the definition of policy period?

Policy Period. Definition. The term of duration of the policy. The policy period encompasses the time between the exact hour and date of policy inception and the hour and date of expiration.

What is a grace period in an insurance policy?

Key Takeaways An insurance grace period is the length of time you have after your due date to pay your premium before your insurance company cancels your policy. Grace periods vary by insurer, policy, and state. ... If you file your payment during the grace period, you may have to pay a late fee. ... More items...


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