Question 8020 of 316 · California Life-Only Agent Exam
What is the minimum grace period that a life insurance policy issued or delivered in California must contain?
Exactly one answer is correct.
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Correct answer to question 8020
- B: 60 days
Explanation
Section 10113.71(a) requires a grace period of not less than 60 days from the premium due date, and the 60 days do not run concurrently with the period of paid coverage.
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