For many, this includes missing insurance policy premium payments. When this happens, the policy can lapse, leaving you and your loved ones vulnerable without coverage. The good news is that in ...

If you have a term life insurance policy and it lapses while you are alive, your beneficiaries will not receive a payout. Your policy will lapse if you stop paying premiums — and you won’t ...

In an ideal scenario, no insurance policies should ever lapse; however, when it comes to motor insurance, the stakes are even higher. Lapsed policies have no room in motor insurance – as it’s ...

Besides facing higher rates, it's also possible that it will be more challenging to find insurance if you've let your policy lapse. Letting your policy lapse is one sign to insurers that you're a high ...

According to Lucas Siegel, CEO of Harbor Life Settlements, 85% of life insurance policies lapse — meaning the insured individuals outlive the policy or stop paying. Generally, you do not get a ...

A gap in your car insurance coverage can have serious consequences from legal penalties to significant financial risk Whether caused by missed payments policy cancellations or transitions between insu ...

Carlton school board met in special session Tuesday to consider options about an insurance lapse on the high school building.

Term life insurance offers affordable coverage with a significant tax-free death benefit, but most policies don't pay out. Learn the pros, cons, and if it's worth it for you.