nounan insurance policy which has been terminated because premiums have not been paid
Related information about lapsed policy:
- Lapsed Life Insurance Policies
Lapsed life insurance policies. Life Insurance companies write a clause into policies which allow policy owners to reinstate lapsed policies.
- Lapsed Policy - Financial Dictionary - The Free Dictionary
The termination of an insurance policy due to inaction on the part of the policyholder. In general, lapses occur if the policyholder fails to pay premiums.
- What is lapsed policy? definition and meaning - InvestorWords.com
Definition of lapsed policy: nounan insurance policy which has been terminated because premiums have not been paid.
- What if your insurance policy lapses?
Dec 8, 2003 ... In case of a lapsed policy, the following conditions would apply: A lapsed policy can be revived within 5 years from the date of the last premium ...
- Should you revive a lapsed policy? - Economic Times
Dec 15, 2010 ... It is that time of the year when money flows from your wallet like water. The reason could be last-minute investments to save on taxes just before ...
- Revive your lapsed policies, the easy way - Economic Times
Aug 13, 2010 ... Can I revive a lapsed policy? Will the benefits be the same ... Can one still file a claim on a lapsed policy? If a policy is less than three years old ...
- Lapsed Policy Reinstatement
Certain policies can be reinstated to an active status after the policy has lapsed due to nonpayment of premiums. Some policies do not have this option.
- What is lapsed policy? - BusinessDictionary.com
Definition of lapsed policy: A policy that has been cancelled due to lack of payment of the premiums.