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Code of Virginia · § 38.2-6107 — Grace period requirements

38.2-6107. Grace period requirements

The contract holder shall be given a 31-day grace period for the payment of any premium falling due after the first premium during which coverage remains in effect. If payment is not received within the 31 days, coverage may be cancelled after the thirty-first day and the contract holder may be held liable for the payment of the premium for the period of time coverage remained in effect during the grace period.

History and annotations

2004, c. 668.

Official source for this version

Source captured 2026-09-25. Open the official source.

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