If a policy is lapsed for a very short period of time only, what would be the requirement:-

April 15, 2024 by rawan239

report, undergo medical underwriting, or provide a certificate of good health. This is because the insurer will assume that the insured person is still in good health, as they have not had any major health changes since the policy was last in force.

However, there are some exceptions to this rule. For example, if the policy was lapsed for a long period of time, or if the insured person has had any major health changes since the policy was last in force, the insurer may require a medical report or other documentation.

It is always best to check with the insurer directly to see what documentation is required if you are considering lapsing your policy.