304.17A -243 Grace period for unpaid premiums. If premium is not paid by the premium due date, an insurer shall allow for a thirty (30) day grace period for which payments shall be paid by the policyholder or contract holder prior to termination of the policy. Effective: July 15, 2002 History: Created 2002 Ky. Acts ch. 249, sec. 2, effective July 15, 2002.
Kentucky Legal Code