Premier Moneyback Plan -Policy Details Grace Period: The insurance company provides a grace period from the premium due date for payment of unpaid premiums. This period is 30 days in case of yearly, half-yearly and quarterly payment modes, and 15 days in case of the monthly mode. Nomination: The facility of nomination is available under the plan as per the provisions of Section 39 of the Insurance Act, 1938 Assignment: The facility of assignment is available under the plan as per the provisions of Section 38 of the Insurance Act, 1938
