IRMI Online Talk With Us

Category Focus
Claims, Case Law, Legal

Commercial Auto

Commercial Liability

Commercial Property

COVID-19

Personal Lines and Small Business

Risk Financing and Captives
Risk Management

Specialty Lines

Workers Compensation

White Papers

Free Articles

Videos
Industry Focus
Agribusiness Industry

Construction Industry

Energy Industry
Transportation Industry

Insurance Industry
Conferences
Agribusiness Conference

Construction Risk Conference

Energy Risk and Insurance Conference
Transportation Risk Conference

Sessions On Demand
Insurance Education
Certifications

Agribusiness and Farm Insurance Specialist

Construction Risk and Insurance Specialist

Energy Risk and Insurance Specialist

Management Liability Insurance Specialist
Manufacturing Risk and Insurance Specialist

Transportation Risk and Insurance Professional

Continuing Education

Insurance Industry Training

IRMI Webinars
Subscribe
Plans and Pricing

Catalog

Request a Demo

IRMI Tutorials

Product Updates

Enterprise Subscriptions
Free Newsletters

White Papers

Product Tour

Podcast

How-To Videos
About IRMI
Our Mission

Our Story

Our Team

Our Brands
Press Releases

Careers

Contact Us

Advertise
Glossary
Terms
Acronyms

Home Term Insurance Definitions lapse

lapse

Lapse concerns the termination of an insurance policy due to the insured's failure to pay the premium.

lapse

Lapse concerns the termination of an insurance policy due to the insured's failure to pay the premium.

Related Terms