OMG -Panic! Missed insurance premium...now coverage terminated!

i am a lic agent and with my company the first 30 days of the no premium payment the grace period will still cover you, day 31 to 60 the policy goes into late pay meaning the policy is not covering you at the moment but it has not yet actually lapsed and a payment received during the late pay period will put the policy back on track without any questions or requalifications. Day 61 my company does require a reinstatement request will ask health status at that point, and that can deny reinstatement at that point. Hope this helps