IndiaInsurance
7th June 2012, 03:21 PM
The one-month grace period for payment of insurance premium can be 31 days as well, the apex consumer forum has held while directing the LIC to pay over Rs 4 lakh to a widow for rejecting her claim for the insured amount on her husband's death.
More... (http://www.financialexpress.com/news/months-grace-period-for-paying-insurance-premium-can-be-31-days-ncdrc/959055/)
More... (http://www.financialexpress.com/news/months-grace-period-for-paying-insurance-premium-can-be-31-days-ncdrc/959055/)