Lapse meaning in English
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Definition
to lapse: to come to an end, to expire; to temporarily or momentarily decrease or fall
Examples
- "Your policy has just lapsed."
- "Brian : Lapsed?"
Exercise 1
"Your policy has just lapsed."
A "lapsed" policy has .
Delavigne Corp's auto insurance policy might lapse if the company .
Which of the following CANNOT "lapse"? .
A "lapsed" policy has .
Delavigne Corp's auto insurance policy might lapse if the company .
Which of the following CANNOT "lapse"? .
"Your policy has just lapsed."
A "lapsed" policy has expired 1.
Delavigne Corp's auto insurance policy might lapse if the company doesn't pay its monthly insurance premiums 2.
Which of the following CANNOT "lapse"? A car accident 3.
A "lapsed" policy has expired 1.
Delavigne Corp's auto insurance policy might lapse if the company doesn't pay its monthly insurance premiums 2.
Which of the following CANNOT "lapse"? A car accident 3.
1 expired: This is correct. If an insurance policy has "lapsed" it is no longer valid, or it has expired.
1 been revoked: This is incorrect. "Lapsed" does not share the same meaning as "revoked". If a contract is revoked it is officially cancelled.
1 changed: This is incorrect. "Lapsed" does not share the same meaning as "changed".
1 been extended: This is incorrect. "Lapsed" does not share the same meaning as "extended". If a contract is extended, it is continued for a longer period of time.
2 doesn't pay its monthly insurance premiums: This is the most likely answer. Most insurance policies lapse because monthly premiums are not paid on time, or because the contract has expired before a new one is renewed. A "premium" is an amount that is paid for an insurance policy.
2 pays too much for its auto insurance: This is not a likely answer. If someone paid too much for their auto insurance, it is not likely their policy would lapse.
2 makes no insurance claims in the past year: This is not a likely answer. If someone makes no claims in a year, they may receive a discount. This is called a "No Claims Bonus" (UK), a "No Claim Discount" (US) or a "Bonus-malus system".
2 doesn't have proper vehicle documents: This is not a likely answer. If someone didn't have the proper vehicle documents, this would not be a reason for their policy to lapse.
3 A car accident: This is the only suitable answer. A "car accident" cannot lapse. To "lapse" is to come to an end.
3 A period of time: If a period of time lapses it goes by or passes. Example: Years had lapsed since we last saw each other.
3 A contract: If a contract lapses it expires. Example: The contract lapsed and I refused to sign a new one.
3 A gym membership: If a membership (to a gym, for example) lapses it expires or comes to an end. Example: My gym membership lapsed but I was too fat to renew it.
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