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lapse |
the termination of a benefit or warranty, because of nonpayment of premiums or expiration of the contracted period of coverage. [1/9 definitions] |
major-medical |
of, pertaining to, or being a type of health insurance providing coverage of most of the expenses of major illnesses or injuries. |
noncoverage |
combined form of coverage. |
premium |
the amount paid or payable for insurance coverage. [1/6 definitions] |
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