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CCQ-1991 - Civil Code of Québec
Section 2427
Disposition versions
2427. In life insurance, the policyholder is entitled to 30 days for the payment of each premium, except the initial premium; the insurance remains in force during the 30 days, but failure to pay the premium within that period terminates the insurance.
The period runs concurrently with any other period granted by the insurer, but it may not be reduced by agreement.
