1 2 3 4 5 7 8 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
La Lc Ld Le Li Ll Lm Lo Lp Lr Ls Lt Lu Lv Ly
Lab Lac Lag Lan Lap Lar Las Lat Lau Law Lay

Lapsed Policy

Posted on by

A Policy terminated because of non-payment of premium.
***
US: A policy terminated for non-payment of premiums. The term is sometimes limited to a termination occurring before the policy has a cash or other surrender value.
***
A policy that has been cancelled due to lack of payment of the premiums.
***
MEDICAL,USA,REFERENCE: See: lapse.

Insurance Area: RAW

Leave a Reply

Your email address will not be published. Required fields are marked *