Question

Which of the following will vary the length of the grace period in health insurance policies?a. The length of any elimination periodb. The length of time the insured has been insuredc. The term of the policyd. The mode of the premium payment

Answer 1

The mode of the premium payment

Step-by-step explanation:

A grace period is a period that occurs instantly when there is a deadline that attracts the late fee or the action that would be taken in the case when the deadline is not meet.

Here in case the health insurance policies, the mode of the premium payment would vary the length of the grace period and hence the same is to be considered

Therefore the last option is correct