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Lapse
An insurance policy is said to be lapsed when the policyholder fails to pay the premium on time. A lapse in the policy coverage usually terminates the policy, and the policyholder is no longer eligible for the benefits under the policy.
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A
- Accident
- Acute Care
- Acute Condition
- Age Limit
- Agent
- Ambulance Cover
- Annual Health Checkup
- Any One Illness
- AYUSH Treatment
B
C
- Cancer Insurance
- Cashless Facility
- Chronic Condition
- Claim
- Claim Settlement
- Claim Settlement Ratio
- Comorbidity
- Congenital Anomaly
- Consumables
- Contract
- Copayment
- Critical Illness
- Cumulative Bonus / No-Claim Bonus (NCB)
D
- Daily Hospital Cash / Daily Cash
- Day Care Treatment
- Deductible
- Discharge Summary
- Domiciliary Hospitalisation
E
F
G
H
I
- Illness
- Indemnity
- Injury
- Inpatient Care / Inpatient Hospitalisation
- Insurance Ombudsman
- Insured Person
- Insurer
- Intensive Care Unit (ICU)
- IRDAI
L
M
N
O
P
- Personal Accident Cover
- Policy Document
- Policyholder
- Portability
- Post-Hospitalisation Expenses
- Pre-Existing Disease (PED) / Pre-Existing Condition
- Pre-Hospitalisation Expenses
- Premium
R
- Reasonable and Customary Charges
- Reimbursement
- Renewal
- Restoration Benefit / Automatic Restoration
- Rider / Add-on Cover
- Room Rent Limit
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