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Under an Antilapse Clause, an Insurance Policy Will Not Lapse

question 59

True/False

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


Definitions:

Physiological

Related to the functions and processes within living organisms and their parts.

Belongingness

The human emotional need to be an accepted member of a group, whether it is family, friends, colleagues, or within a community.

Esteem

The respect, admiration, and confidence an individual has in themselves; a fundamental human need for feeling valued and validated.

Safety

The state of being safeguarded against or not prone to causing harm, peril, or damage.

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