Safeway Insurance does have a grace period for policyholders. If you have a lapse in your coverage, you may be eligible for a grace period.
This means that you may be able to continue your coverage without having to pay a penalty or reinstate your policy. However, there are some conditions that must be met in order for the grace period to apply.
In order to qualify for the grace period, you must have been a policyholder in good standing at the time of your lapse in coverage. This means that you must have made all of your premium payments on time and not have had any other violations of your policy.
If you meet these criteria, you may be eligible for a grace period of up to 30 days.
During the grace period, you will be responsible for paying any new premiums that come due. However, you will not be subject to any late fees or penalties.
Once the grace period expires, your coverage will lapse and you will no longer be eligible for a grace period. If you wish to reinstate your coverage, you will need to do so within 60 days of your original lapse date.
Conclusion: Yes, Safeway Insurance does have a grace period for policyholders. If you have a lapse in your coverage, you may be eligible for a grace period which means that you may be able to continue your coverage without having to pay a penalty or reinstate your policy. However, there are some conditions that must be met in order for the grace period to apply such as being a policyholder in good standing at the time of your lapse in coverage and making all of your premium payments on time without any other violations of your policy.
If you meet these criteria, you may be eligible for a grace period of up to 30 days during which time you will be responsible for paying any new premiums that come due but won’t be subject to any late fees or penalties. Once the grace period expires though, your coverage will lapse and if you wish to reinstate it, you’ll need to do so within 60 days of your original lapse date.
