{"id":29,"date":"2018-06-18T13:26:17","date_gmt":"2018-06-18T13:26:17","guid":{"rendered":"https:\/\/wp.backshake.com\/insuropedia\/?post_type=term&#038;p=29"},"modified":"2024-09-26T08:32:14","modified_gmt":"2024-09-26T08:32:14","slug":"grace-period","status":"publish","type":"term","link":"https:\/\/www.lemonade.com\/insuropedia\/dictionary\/grace-period\/","title":{"rendered":"Grace Period"},"content":{"rendered":"<p>A grace period is an amount of time your insurance company allows you to pay\u00a0<i>after your monthly premium is due<\/i> (while keeping your coverage active).<\/p>\n<p><script type=\"application\/ld+json\">\n{\n  \"@context\": \"https:\/\/schema.org\",\n  \"@type\": \"FAQPage\",\n  \"mainEntity\": [{\n    \"@type\": \"Question\",\n    \"name\": \"What's a grace period?\",\n    \"acceptedAnswer\": {\n      \"@type\": \"Answer\",\n      \"text\": \"Similar to a credit card bill, you have a bit of time (depending on your insurance company and policy type) after your 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