Author of this content has low reputation.

LeoGlossary: Lapse (Insurance)

leoglossary(-2)
Published in
LeoFinance
Words
42
Reading
1 min
Listen
Play
4y

How to get a Hive Account

Termination of coverage due to nonpayment of premiums within a specified time period. A lapsed policy no longer pays benefits or provides coverage.

General:

leoglossary
insurance
lapse
policy
termination
benefits
payments
coverage
leofinance
via leofinance
This post was published via leofinance. Ecency is not the originator or editor of this content and displays it for discovery purposes only.
0
LeoGlossary: Lapse (Insurance) | Ecency