What is a lapse of insurance?
A lapse of insurance occurs when there is no policy of insurance is in place. This may occur when there has been default in payment of premiums on an insurance policy and the policy is no longer in force. In addition, no other policy of insurance has taken its place. Black’s Law Dictionary, Revised Fourth Edition, West Publishing Company, St. Paul, Minn., 1968. What is a lapse of other documentation? A lapse of other documentation means for example, but is not limited to, failure to have or loss or revocation of business license, operating authority, failure to notify of current company name, address, phone number, email address and facsimile number, failure to have a current state or Federal safety certification, or failure to provide accurate Federal or state motor carrier identifying number. Black’s Law Dictionary, Revised Fourth Edition, West Publishing Company, St. Paul, Minn., 1968. What is a complaint that does not state a claim that warrants an investigation or further action b
Related Questions
- I received an inquiry letter or indefinite suspension and I know I have a lapse of insurance of 90 days or less. How can I establish a definite suspension so that I can pay the civil penalty online?
- I was previously enrolled in Baxter’s GAMMASSIST program, which provided coverage for an insurance lapse. How is the GARDian program different?
- What is the insurance lapse civil penalty option and how much is the penalty?
