Wyoming Statutes
§ 26-16-103 — Grace period
Wyoming § 26-16-103
This text of Wyoming § 26-16-103 (Grace period) is published on Counsel Stack Legal Research, covering Wyoming primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Wyo. Stat. Ann. § 26-16-103 (2026).
Text
A grace period of thirty (30) days, or, at the insurer's option, of one (1) month of not less than thirty (30) days, or of four
(4)weeks in the case of industrial life insurance policies the
premiums for which are payable more frequently than monthly,
shall be allowed within which the payment of any premium after
the first may be made. The policy shall continue in full force
during the grace period, which shall be counted from the premium
due date specified in the policy. The insurer may impose an
interest charge not to exceed six percent (6%) per annum for the
number of days of grace elapsing before the payment of the
premium, and, whether or not the interest charge is imposed, if
a claim arises under the policy during the grace period the
amount of any premium due or overdue, together w
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Nearby Sections
15
§ 26-16-101
Scope and applicability of chapter§ 26-16-102
Standard provisions required§ 26-16-103
Grace period§ 26-16-104
Incontestability§ 26-16-106
Misstatement of age§ 26-16-107
Dividends§ 26-16-108
Policy loans§ 26-16-109
Table of installments required§ 26-16-110
Reinstatement of policies§ 26-16-111
Time and place of payment of premiums§ 26-16-112
Payment of claims§ 26-16-114
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Bluebook (online)
Wyoming § 26-16-103, Counsel Stack Legal Research, https://law.counselstack.com/statute/wy/16/26-16-103.