41-2107 — GRACE PERIOD

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                                  TITLE  41
                                  INSURANCE
                                  CHAPTER 21
                        DISABILITY INSURANCE POLICIES
    41-2107.  GRACE PERIOD. There shall be a provision as follows:
    "Grace Period: A grace period of....(insert a number not less than '7' for
weekly premium policies, '10' for monthly premium policies and '31' for all
other policies) days will be granted for the payment of each premium falling
due after the first premium, during which grace period the policy shall
continue in force."
    A policy in which the insurer reserves the right to refuse renewal shall
have, at the beginning of the above provision:
    "Unless not less than thirty (30) days prior to the premium due date the
insurer has delivered to the insured or has mailed to his last address as
shown by the records of the insurer written notice of its intention not to
renew this policy beyond the period for which the premium has been accepted."