Which of the below statement is correct with regards to grace period of an insurance policy?

he standard length of the grace period is one month or 31 days

tandard length of the grace period is one month

he standard length of the grace period is 30 days

he standard length of the grace period is one month or 30 days

If the policyholder dies within grace period –

laim is payable after deducting the prem

laim will be paid subject to policy conditions

The end of a billing cycle to the next payment due date.

The end of a billing cycle to the next starting date

The end of a previous due till next starting date.

The starting of a billing cycle to the next payment due date

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