What happens if a life insurance policy lapses?

If your life insurance policy lapses, you no longer have life insurance coverage.

It lapses because of not paying the premiums on time that are due for the life insurance coverage.

You may be able to contact your life insurance company and ask if they will re-instate the life insurance policy if you pay the premiums that are due.

Or, if they will not re-instate the life insurance policy, you may want to apply for life insurance online and start another life insurance plan today, if you qualify.