{"id":225,"date":"2026-10-31T12:00:00","date_gmt":"2026-10-31T18:00:00","guid":{"rendered":"https:\/\/www.berkscountyinsurance.net\/blog\/?p=225"},"modified":"2026-10-28T03:56:08","modified_gmt":"2026-10-28T09:56:08","slug":"will-life-insurance-ever-lapse","status":"publish","type":"post","link":"https:\/\/www.berkscountyinsurance.net\/blog\/will-life-insurance-ever-lapse\/","title":{"rendered":"Will life insurance ever lapse?"},"content":{"rendered":"

Life insurance is not forever. Aside from passing away, other events can trigger the end of a life insurance policy. As an example, if you fail to remain current with your life insurance policy’s requirements it might lapse.<\/p>\n

Lapsed Life Insurance<\/h2>\n

A lapsing of life insurance occurs when the individual who holds the policy can no longer pay the necessary premiums or simply refuses or forgets to do so. In such an instance, the policy lapses and the benefits cease.<\/p>\n

Lapses are not desirable for any party as they negatively impact the policyholder along with his or her beneficiaries. Berks County Insurance is here to help prevent such an outcome.<\/p>\n

The Unfortunate Outcome of a Lapsed Life Insurance Policy<\/h2>\n

If the life insurance policy goes unpaid, its coverage stops and the death benefit is not paid out to the beneficiary or beneficiaries in Reading, PA and beyond. Reinstating the lapsed life insurance policy will be challenging and potentially costly. <\/p>\n

In some such instances, back payments, proving the former policyholder’s health and possibly even elevated premiums are necessary. It is also possible that surrender costs, lost riders and tax burdens will result.<\/p>\n

Avoid Lapses and Reinstate Your Policy if Necessary<\/h2>\n

Remain current with your life insurance premiums and you’ll likely prevent a lapse. However, if the life insurance policy lapses, you’ll be tasked with attempting to reinstate it.<\/p>\n

Take a close look at the life insurance policy’s provision covering reinstatement, provide all necessary evidence of insurability, pay those overdue premiums and cover all penalties to return the policy to good standing. <\/p>\n

Berks County Insurance is on Your Side<\/h2>\n

Are you considering a life insurance policy? If so, contact us today. We serve the entirety of the Reading, PA region. You can reach us by dialing 610-779-9060.<\/p>\n","protected":false},"excerpt":{"rendered":"

Life insurance is not forever. Aside from passing away, other events can trigger the end of a life insurance policy. As an example, if you fail to remain current with your life insurance policy’s requirements it might lapse. Lapsed Life Insurance A lapsing of life insurance occurs when the individual who holds the policy can […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[6,22,28,18,17],"class_list":["post-225","post","type-post","status-publish","format-standard","hentry","category-insurance","tag-berks-county-insurance","tag-insurance","tag-life","tag-pa","tag-reading"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t