1) v. to fail to occur, particularly a gift made in a will. 2) v....

Termination of insurance coverage for failure to pay premiums.

The termination of insurance coverage due to lack of payment after a specific period of time.

The termination of an insurance policy because a renewal premium is not paid by the end of the grace period.

Termination of an insurance policy due to the insured's failure to pay the premium.

mid-15c., "elapsing of time, expiration;" also "temporary forfeiture of a legal right" due to some failure or non-action by the holder, from Middle French laps "lapse," f [..]

early 15c., to go by, pass (of time), from lapse (n.) and from Latin lapsare "to lose one's footing, slip, slide," from stem of labi "to slip, glide, fall." Meaning "fail [..]

The termination of a policy because of the failure of the insured to pay the renewal premium.

A lapse causes a policy, right, or privilege to end because the person or institution that would benefit fails to live up to its terms or meet its conditions. For example, if you have a subscription right to buy additional shares of a stock at a price below the public offering price, you must generally act before a certain date. If that date passes [..]

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. Some states have antilapse statutes, whic [..]

oversight: a mistake resulting from inattention sink: pass into a specified state or condition; "He sank into nirvana" a break or intermission in the occurrence of something; [..]

n. A slight deviation from what is right, proper, or just.

a slipping, a slip, a failing in duty

slight error in speech of behaviour. The same word also means slip of the memory, tongue or pen

Definition A period during which a right, privilege, or insurance policy is not in effect due to a failure to act.

a termination or failure due to events, neglect, or time: as a : the failure of a bequest (as because the intended recipient dies before the testator) compare anti-lapse statute b : the ...

termination of a policy due to failure to pay the required renewal premium.

Termination of an insurance policy because of failure to pay a premium or lack of sufficient cash value to maintain the policy's in-force status. A policy that has lapsed is referred to as a "lapsed policy."

The termination of an insurance policy due to non-payment of premium(s).

Lapse refers to the removal of shares from the register as a result of an Investor not fulfilling their obligation with respect to the shares. Examples include the exercise of options, where the Investor decides not to undergo the exercise. The shares left over after all option exercise processing is complete would lapse.

Lapse refers to the removal of shares from the register as a result of an Investor not fulfilling their obligation with respect to the shares.  Examples include the exercise of options, where the Investor decides not to do the exercise.  The shares left over after all option exercise processing is complete would lapse.

Lapse is the failure of something to become operative. Lapse may refer to the failure to make a gift made in a will or a future distribution from a trust, caused by the death of the person to whom the [..]

Anyone who buys an insurance plan pays a premium. You pay this amount every month. If you miss a payment, the insurance company can cancel your coverage. It means you have let your insurance coverage [..]

Typically used in life insurance to indicate the termination of a policy.

The termination of a policy due to failure to pay the premium.

The expiration of a right or privilege when one party does not live up to its obligations during the time allowed. A lapse in auto insurance coverage may result in paying higher premiums for a new policy, because insurers have determined that drivers who maintain continuous coverage are less likely to make an insurance claim that those who let a po [..]

A policy that expires or cancels because the insured did not pay the premium amount.

Termination of a policy due to non-payment of premiums.

Termination of the insurance policy upon reaching the expiry date.

This refers to the process, which will occur if there is a non-payment of the premium on your policy at renewal.

A policy lapses (or ends) if you stop paying the premiums. There is usually a period of time in which you must pay any premiums you've missed to stop this happening, so check your policy or plan conditions.

The non-renewal of an insurance policy. For example, if you do not pay the renewal premium of your car insurance policy, it will lapse.

Termination of a policy due to the policy owner's failure to pay the premium within the grace period.

A period where no insurance coverage is in force.

This is the term used when your insurance policy cancels or expires.  This should be avoided at all costs because even one single days worth of a lapse in coverage will cause your rates to be more exp [..]

Termination of a policy due to non-payment of premiums.

A term used to refer to the accreditation status of an Educator Preparation Provider (EPP) when the site visit is not hosted on schedule and no request for an extension or withdrawal from accreditatio [..]

The termination or discontinuance of an insurance policy due to non-payment of a premium.

Expiring of policy due to failure to pay the renewal premium

The non-renewal of a policy for any reason.

When an insurance company ends a policy because the insured person fails to pay the premium.

The ending of a policy because certain conditions have not been met, for example if premiums have not been paid.

The non-renewal of a policy for any reason.

Insurance coverage that was terminated due to nonpayment by a specific date.

Termination - or ending - of a policy because premiums were not paid to the insurer or health plan.

The termination of an insurance contract at renewal either by non-payment of the premium or the insurer refusing to invite renewal.

The closure of an insurance policy because of failure to pay the premiums within the defined grace period. The option to reinstate the coverage with similar premiums and benefits exists, but the polic [..]

Expiration or cancellation of an insurance policy by nonpayment of premium. Larceny The unlawful taking of money or property belonging to another.

The termination of a policy when needed premiums are not paid and the policy has no cash value.

Termination of a policy due to the policy owner's failure to pay the premium within the grace period.

The termination of an insurance policy if premium is not paid by the end of the grace period.

The termination or discontinuance of any insurance policy, generally through non payment of premium, or absence of instructions to renew.

Is the termination of an insurance policy because a renewal premium is not paid before the end of the grace period.

The termination of an insurance policy due to non-payment of premium.

The termination or discontinuance of a policy due to non-payment of a premium.

Termination of a policy when a renewal premium is not paid.

Termination of a policy because of failure to pay the premium.

termination of a policy upon the policyholder's failure to pay the premium when due.

The termination or discontinuance of any insurance policy, generally through non payment of premium, or absence of instructions to renew.

Termination of a policy because of failure to pay the premium.

Termination of a policy because of failure to pay the premium.

Termination of a policy because of failure to pay the premium.

1) v. to fail to occur, particularly a gift made in a will. 2) v. to become non-operative. 3) n. the termination of a gift made by will or for future distribution from a trust, caused by the death of [..]