Keyword Analysis & Research: lapse
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Lapse | Definition of Lapse by Merriam-Webster
Legal Definition of lapse. (Entry 1 of 2) : 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 an insurance policy because of …
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Lapse - definition of lapse by The Free Dictionary
lapse - a break or intermission in the occurrence of something; "a lapse of three weeks between letters"
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Lapse Definition & Meaning | Dictionary.com
Lapse definition, an accidental or temporary decline or deviation from an expected or accepted condition or state; a temporary falling or slipping from a …
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Lapse Synonyms, Lapse Antonyms | Merriam-Webster Thesaurus
1 a change in status for the worse usually temporarily. the scandal caused the president to suffer a dramatic lapse in popularity.
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lapse - Dictionary Definition : Vocabulary.com
A lapse is a temporary slip, failure or break in continuity. If you’re normally polite, a lapse in manners could make you forget to say “please” and “thank you.”.
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LAPSE | meaning in the Cambridge English Dictionary
lapse definition: 1. a temporary failure: 2. a period of time passing between two things happening: 3. to end…. Learn more.
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Lapse legal definition of lapse
In its broadest sense, the term lapse describes the loss of any right or privilege because of the passage of time or the occurrence or nonoccurrence of a certain event. It is often used by legislatures in reference to governmental concerns.
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Lapse Definition - investopedia.com
Aug 01, 2021 · A lapse occurs when the benefits and rights stated in a contract no longer remain active due to the contract holder failing to honor requirements and conditions set forth by a contract or agreement.
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What exactly does lapse mean?
A lapse is when certain privileges cease to be in effect. In the context of insurance, it usually refers to a cessation of coverage. A lapse of coverage can occur if a policyholder fails to pay the premiums that they owe to the insurer.
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What is lapse in health insurance?
A lapse in health insurance (and any insurance) is a point when the policy stops providing coverage due to the policyholder not paying their premiums on time. Insurance policies generally feature a 30-day grace period where coverage continues even if the premium payment is a few days late - past this point,...
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