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You are in Learn Insurance > Glossary     A     B     C     E     F     G     H     I     J     K     L     M     N     O     P   Q   R     S   T   U     V     W   X Y Z   If the word you are looking for is not available here; please feel free to contact us.       Date of Maturity     Days of Grace      (Grace Period)     Death Claim     Declaration     Declaration Policy     Deductible   Days of Grace (Grace Period) The extended period from the premium due date allowed by the insurer for the payment of premium. Policy is in force during this period. The policy will lapse if the premium is still not paid at the end of the grace period.

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