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Exam term

Lapse protection

Protections against unintended lapse: a third-party designee to receive notice, advance written notice and time to pay, and reinstatement after a lapse caused by cognitive impairment or loss of functional capacity.

Lessons that use this term

  • Long-term care replacement, lapse protection, and partnership programs Florida

Exam prep

  • Insurance
  • Real Estate
  • SAFE MLO
  • SIE

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