US Laws, Codes, Statutes & Cases

                                  TITLE  41
                                  INSURANCE
                                  CHAPTER 20
                             GROUP LIFE INSURANCE
    41-2011.  GRACE PERIOD. The group life insurance policy shall contain a
provision that the policyholder is entitled to a grace period of thirty-one
(31) days for the payment of any premium due except the first, during which
grace period the death benefit coverage shall continue in force, unless the
policyholder shall have given the insurer written notice of discontinuance in
advance of the date of discontinuance and in accordance with the terms of the
policy. The policy may provide that the policyholder shall be liable to the
insurer for the payment of a pro rata premium for the time the policy was in
force during such grace period.