Meaning Lapse in Coverage
What does Lapse in Coverage mean? Here you find 2 meanings of the word Lapse in Coverage. You can also add a definition of Lapse in Coverage yourself

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Lapse in Coverage


 A point in time when a policy has been canceled or terminated for failure to pay the premium, or when the policy contract is void for other reasons.
Source: carinsurance.com

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Lapse in Coverage


The cancellation or termination of a policy for failure to pay premium, or when the policy contract is void for other reasons.
Source: ameriprise.com




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