Under an antilapse clause, an insurance policy will not lapse under any circumstances.

Name: Under an antilapse clause, an insurance policy will not lapse under any circumstances.
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Question

Quizplus · Accepted Answer

An antilapse clause in an insurance policy prevents the policy from lapsing if the insured dies before the premium is paid. However, it does not prevent the policy from lapsing in cases where the insured no longer wants coverage and stops making premium payments.

Under an Antilapse Clause, an Insurance Policy Will Not Lapse