What is the definition of Lapsed coverage? | Dictionary.net

LAPSED COVERAGE

\lˈapsd kˈʌvəɹɪd͡ʒ], \lˈapsd kˈʌvəɹɪd‍ʒ], \l_ˈa_p_s_d k_ˈʌ_v_ə_ɹ_ɪ_dʒ]\

Definitions of LAPSED COVERAGE

1910 - Black's Law Dictionary (2nd edition)

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When an insurance policy is terminated or cancelled, and a replacement policy has not been obtained.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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