(1) For insurance premium payments, a specified length of time following a premium due date within which the renewal premium may be paid without penalty. The length of the grace period is specified in a grace period provision that is found in a life insurance, health insurance, or annuity policy. (2) For purchases made on credit, a period of time between the date of a purchase and the date the lender begins to charge interest during which no interest accrues. |
General Account
Generally Accepted Accounting Principles (GAAP)
Generic Auto Parts
Glass Insurance
Grace Period
Graded Premium Policy
Graduated Driver Licenses
Gramm-leach-bliley Act
Gross Annuity Cost
Group Insurance
Guarantee Period
Guaranteed Death Benefit
Guaranteed Income Contract (GIC)
Guaranteed Insurability (GI) Benefit
Guaranteed Living Benefit
Guaranteed Renewable Policy
Guaranteed Replacement Cost Coverage
Guaranty Fund
Gun Liability.
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