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What is lapsing?

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Anonymous

12y ago
Updated: 11/22/2022

Expiring, or cancelling.

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Zane Blick

Lvl 10
2y ago

What else can I help you with?

Related Questions

What is policy lapsing?

Expiring, or cancelling.


Is outright expense needs to include in lapsing Schedule?

no


What would help prevent a universal life policy from lapsing?

The only thing you can control to prevent a UL policy from lapsing is to increase your premium payments (the amount of money you put into the policy).


How to Make A Lapsing Schedule of Fixed Assets?

A lapsing schedule of fixed assets is a tool used by accountants to mark the depreciation value over time. The schedule includes original purchase cost of each asset, sales of the assets and accumulated depreciation.


What is a lapse?

Budget lapsing- withdrawal by an authority of the unspent portion of an organization's budget allowance at the time the budget period expires.


What kind of companies use budget lapsing?

some universities use it and governmental agencies that have to account for all funds payable and received


What is a budget lapse?

Budget lapsing- withdrawal by an authority of the unspent portion of an organization's budget allowance at the time the budget period expires.


What if a person is nauseated vomiting and lapsing in and out of consciousness?

In such a case, it would be imperative to call 911 and have an ambulance take the person to the emergency department of a hospital.


What is non forfeiture?

It means that if you don't pay your premiums, then rather than the policy lapsing, it will be term insurance for a period of time, with no cash value.


What is non forfeiture option?

It means that if you don't pay your premiums, then rather than the policy lapsing, it will be term insurance for a period of time, with no cash value.


What signs should you look for which would tell you that someones suffering from hypothermia?

Shivering, pale skin, cold extremities, slurred speech, dis-orientation, lapsing into unconsciousness.


Can a vehicle be repossessed for insurance lapsing?

I would not think so, but, your lender does require that you carry collision insurance on the car, which is the lender's collateral. It depends on what the note you signed says about this. Read it.