As per IRDA regulations issued, what is the grace period allowed beyond the expiry date of a policy for renewal?

As per IRDA regulations issued, what is the grace period allowed beyond the expiry date of a policy for renewal? Correct Answer 30 days

As per IRDA regulations issued, 30 days is the grace period allowed beyond the expiry date of a policy for renewal. The policy will lapse if the premium is not paid within the grace period.
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