What Happens When A Life Insurance Policy Lapses?
0 POINTSContact Meview profileDavid RacichPROFountain Hills, ArizonaIf you’re past the reinstatement period you are not covered. If you run out of cash values in a policy and the policy lapses you are not covered. If you inadvertently or deliberately let the policy go unpaid on its anniversary or month bank draft and you are past the reinstatement period you are not covered.Answered on May 19, 2013+01+1 this answer
0flag this answerview more answers by David Racich- 0 POINTSContact Meview profileDavid RacichPROFountain Hills, ArizonaIf you’re past the reinstatement period you are not covered. If you run out of cash values in a policy and the policy lapses you are not covered. If you inadvertently or deliberately let the policy go unpaid on its anniversary or month bank draft and you are past the reinstatement period you are not covered.Answered on May 19, 2013+01+1 this answer 0flag this answerview more answers by David Racich
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