{"data":{"id":"us-ky/krs-304.17-070","jurisdiction":"us-ky","citation":"KRS 304.17-070","heading":"Grace period -- Cancellation.","body":"(1) There shall be a provision as follows:\n\"Grace Period: A grace period of .... (insert a number not less than \"7\" for\nweekly premium policies, \"10\" for monthly premium policies, and \"31\" for all other\npolicies) days will be granted for the payment of each  premium falling due after the\nfirst premium, during which grace period the policy shall continue in force.\"\n(2) A policy in which the insurer reserves the right to refuse any renewal shall have, at\nthe beginning of the above provision: \"Unless not less than five (5) days prior to the\npremium due date the insurer has delivered to the insured, or has mailed to his last\naddress as shown by the records of the insurer, written notice of its intention not to\nrenew this policy beyond the period for which the premium has been accepted.\"","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=17293","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:57:45Z","sha256":"bb470027301b62abaa1fecb794cda5918d8305ce54655058b39d9ecb0d8797be","source_id":"us-ky","stale":false,"prev":"us-ky/krs-304.17-060","next":"us-ky/krs-304.17-080"},"notice":"GroundRules: Original legal text. Not legal advice."}