Under an Antilapse Clause, an Insurance Policy Will Not Lapse

question 70

True/False

Under an antilapse clause, an insurance policy will not lapse even if no payment is made on the date due.

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Definitions:

Industrial Cleaning

The process of cleaning hazardous areas in industrial facilities such as factories, warehouses, and power plants, often involving the removal of pollutants or contaminants.

Organizational Objectives

The defined goals and aspirations that a company or entity aims to achieve through its operations and strategies.

Henry Shue

A philosopher known for his works on human rights, with a focus on the foundational rights to security and subsistence.

Sulfur Dioxide

A toxic gas with a pungent, irritating smell, used in many industrial processes and as a preservative, but known to cause environmental and health problems.