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A specified period after a premium payment is due, in which the policyholder may make such payment, and during which the protection of the policy continues.
the intentional failure to perform a manifest duty in reckless disregard of the consequences as affecting the life or property of another. This is a term of art in the insurance and legal world where damages can be quite severe.
Where you live may affect your coverage options. Our reference guide will assist you in finding plans available in your state.
From "absolute liability" to "written premiums," we've done the work for you to define commonly used insurance terms.
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