The Wretched Refuse of Your Teeming Shores. Take a close look at those refugees who are fleeing the war-torn Middle East and trying desperately to save their lives by escaping to Europe. Look at their faces. Examine their clothing.
Definition of grace period. : a period of time beyond a due date during which a financial obligation may be met without penalty or cancellation.
Payment Grace Period. All term life insurance policies have a grace period for making your premium payment. Most grace period lengths are 30 days. As long as you make the payment and the insurance company receives and processes your payment within that grace period your policy will not lapse.