The group life insurance policy shall contain a provision that the policyholder is entitled to a grace period of not less than 30 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.
Structure Code of Alabama
Chapter 18 - Group Life Insurance.
Section 27-18-1 - Applicability of Chapter.
Section 27-18-2 - Policy Provisions - Generally.
Section 27-18-3 - Policy Provisions - Grace Period.
Section 27-18-4 - Policy Provisions - Incontestability.
Section 27-18-5 - Policy Provisions - Copy of Application; Representations; Statements as Evidence.
Section 27-18-6 - Policy Provisions - Insurability.
Section 27-18-7 - Policy Provisions - Adjustment of Premiums And/or Benefits.
Section 27-18-8 - Policy Provisions - Furnishing of Statement to Debtors.
Section 27-18-9 - Policy Provisions - Payment of Benefits.
Section 27-18-10 - Policy Provisions - Individual Certificates.
Section 27-18-11 - Policy Provisions - Conversion - Termination of Eligibility.
Section 27-18-12 - Policy Provisions - Conversion - Termination of Policy.
Section 27-18-13 - Policy Provisions - Conversion - Death During Conversion Period.
Section 27-18-14 - Notice as to Conversion Rights.
Section 27-18-15 - Employee Life Insurance.
Section 27-18-16 - Assignment of Rights and Benefits Under Group Policies.