If you plan to bring your car to the same valet stand in the future, the valet parkers remember if you left a bad tip. âTwo dollars is ... cheap. Three dollars is better,â Ryder said. âFour dollars is appreciated more. Five dollars is great. Ten dollars is lavish.
Insurance Grace Period. DEFINITION of 'Insurance Grace Period'. A period of time after the premium due date in which a policyholder is able to make a premium payment without the insurance policy coverage lapsing. The insurance grace period can vary depending on the insurer and policy type.
Time is on your side with life insurance. Grace periods for late payments last anywhere from 30 to 60 days and your life insurance remains in force during that time. Companies want you to keep your coverage, says Jack Dolan, a spokesperson for the American Council of Life Insurers, an industry trade group.