Okla. Stat. tit. 36, § 36-4204
This is the official text of Okla. Stat. tit. 36, § 36-4204, part of Oklahoma’s Stat. tit. 36, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 36,." Browse the sections below, each linked to its official government source.
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Grace period
Official statutory text
There shall be a provision that the insured is entitled to a
grace period of four (4) weeks within which the payment of any
Oklahoma Statutes - Title 36. Insurance Page 931
premiums after the first may be made, except that in policies the
premiums for which are payable monthly, the period of grace shall be
one (1) month, but not less than thirty (30) days, and that during
the period of grace the policy shall continue in full force, but if
during the grace period the policy becomes a claim, then any overdue
and unpaid premiums may be deducted from any settlement under the
policy.
grace period of four (4) weeks within which the payment of any
Oklahoma Statutes - Title 36. Insurance Page 931
premiums after the first may be made, except that in policies the
premiums for which are payable monthly, the period of grace shall be
one (1) month, but not less than thirty (30) days, and that during
the period of grace the policy shall continue in full force, but if
during the grace period the policy becomes a claim, then any overdue
and unpaid premiums may be deducted from any settlement under the
policy.
Status: in_force · Read it on the official government site
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