Montana § 33-22-206 Grace Period

Montana Statutes

§ 33-22-206 — Grace Period

Montana § 33-22-206

Title 33INSURANCE AND INSURANCE COMPANIES

Ch. 22DISABILITY INSURANCE

Part 2Individual Policy Requirements

This text of Montana § 33-22-206 (Grace Period) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mont. Code Ann. § 33-22-206 (2026).

Text

33-22-206 . Grace period.

(1)There must be a provision as follows: "Grace Period: A grace period of.... (insert a number not less than 7 for weekly premium policies, 10 for monthly premium policies, and 31 for all other policies) days will be granted for the payment of each premium falling due after the first premium, during which grace period the policy must continue in force."

(2)A policy in which the insurer reserves the right to refuse renewal must include the following language at the beginning of the provision contained in subsection (1): "If the insurer does not deliver to the insured or mail to the insured's last address as shown by the records of the insurer a written notice at least 30 days prior to the premium due date of its intention not to renew this policy beyond the perio

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33-22-206 . Grace period. (1) There must be a provision as follows:
"Grace Period: A grace period of.... (insert a number not less than 7 for weekly premium policies, 10 for monthly premium policies, and 31 for all other policies) days will be granted for the payment of each premium falling due after the first premium, during which grace period the policy must continue in force."
(2) A policy in which the insurer reserves the right to refuse renewal must include the following language at the beginning of the provision contained in subsection (1):
"If the insurer does not deliver to the insured or mail to the insured's last address as shown by the records of the insurer a written notice at least 30 days prior to the premium due date of its intention not to renew this policy beyond the period for which the premium has been accepted."