(a) 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.”
(b) A policy in which the insurer reserves the right to refuse renewal shall have, at the beginning of the provision in (a) of this section,
“Unless not less than 30 days before the premium due date the insurer has delivered to the insured or has mailed to the last address of the insured 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.”
Structure Alaska Statutes
Chapter 51. Health Insurance Policies
Sec. 21.51.010. Applicability.
Sec. 21.51.020. Scope, format of policy.
Sec. 21.51.030. Required provisions.
Sec. 21.51.040. Entire contract.
Sec. 21.51.050. Time limit on certain defenses.
Sec. 21.51.070. Reinstatement.
Sec. 21.51.080. Notice of claim.
Sec. 21.51.100. Proofs of loss.
Sec. 21.51.120. Payment of claims.
Sec. 21.51.130. Physical examination, autopsy.
Sec. 21.51.140. Legal actions.
Sec. 21.51.150. Change of beneficiary.
Sec. 21.51.160. Optional policy provisions.
Sec. 21.51.170. Change of occupation.
Sec. 21.51.180. Misstatement of age.
Sec. 21.51.190. Other insurance in this insurer.
Sec. 21.51.220. Relation of earnings to insurance.
Sec. 21.51.230. Unpaid premiums.
Sec. 21.51.240. Conformity with state statutes.
Sec. 21.51.250. Illegal occupation.
Sec. 21.51.260. Intoxicants and narcotics.
Sec. 21.51.270. Renewal at option of insurer.
Sec. 21.51.280. Order of certain provisions.
Sec. 21.51.290. Third-party ownership.
Sec. 21.51.300. Requirement of other jurisdictions.
Sec. 21.51.310. Conforming to statute.
Sec. 21.51.330. Franchise health insurance.
Sec. 21.51.400. Renewability and certification.