A group health insurance policy owner allows the policy to lapse, and fails to reinstate the policy after the grace period expires. To what extent will the insurer cover valid claims made before the end of the grace period?
A) The insurer will cover all valid claims made before the grace period.
B) The insurer will cover only claims that were incurred during the grace period.
C) The insurer will cover claims up to a certain dollar limit during the grace period.
D) The insurer will not cover any claims made after the grace period expires.