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.
Reinstatement Within 30 Days Of Lapse. After a life insurance premium is missed, a policy will move into grace period status, where while technically delinquent, the insurance company is still responsible for paying a death benefit if a valid claim is filed for a death of the insured during this time.