Is there a grace period for premium payments?

Unum typically allows for a grace period for premium payments, which is a common practice within the insurance industry. A grace period usually refers to a specified amount of time following the premium due date during which the policyholder can make their payment without facing penalties or the risk of losing coverage. The length of the grace period can vary depending on the specific policy and state regulations. It is essential for policyholders to review the terms and conditions of their individual policy to understand the specifics regarding grace periods, as it may vary by product or plan type. For detailed and accurate information about the grace period applicable to a particular policy, it is advisable to consult the policy documents or check the official Unum website for any relevant resources and contact information if needed.