Xinhua insurance

There is a grace period of 60 days, and these 60 days refer to natural days rather than working days.

If the payment has not been made after the 60-day grace period, according to the insurance law, this policy will enter a two-year reinstatement period. The validity of the policy is temporarily suspended, but it can be resumed if you pay off the premium with interest within 2 years.

If you don't pay the fee, the 2-year recovery period will be completely terminated. At that time, you will get a refund of the remaining cash value of the policy.