Insurance

लैप्स दर

The percentage of insurance policies that are allowed to expire or are not renewed by policyholders within a specified period.

Quick answer: The percentage of insurance policies that are allowed to expire or are not renewed by policyholders within a specified period.

This term page is part of the Protermify Finance glossary and is published as static HTML for fast indexing and clear language coverage.

Languages

Quick answer

The percentage of insurance policies that are allowed to expire or are not renewed by policyholders within a specified period.

Why it matters

लैप्स दर matters because it supports clear communication in Insurance contexts for Financial Analysts, Bankers, and Traders. It also connects to aviation training and exam language such as CFA, ACCA, and FRM.

Editorial context

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Questions and answers

Questions and answers

What is लैप्स दर?

In this glossary, लैप्स दर refers to: The percentage of insurance policies that are allowed to expire or are not renewed by policyholders within a specified period.

How is लैप्स दर used in finance?

In finance communication, this term appears in contexts such as: "उच्च लैप्स दर बीमाकर्ता की लाभप्रदता को प्रभावित कर सकती है और भविष्य के बीमांकिक अनुमानों को बदल सकती है।"

Why does लैप्स दर matter in finance?

लैप्स दर matters because it supports clear communication in Insurance contexts for Financial Analysts, Bankers, and Traders. It also connects to aviation training and exam language such as CFA, ACCA, and FRM.

Who uses लैप्स दर?

लैप्स दर is mainly used by Financial Analysts, Bankers, and Traders.

What category does लैप्स दर belong to?

In this glossary, लैप्स दर is grouped under Insurance. Related pages in this category explain adjacent procedures, commands and operational concepts.

Where does this definition come from?

This definition is sourced from CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework and published by Protermify Finance as a static finance reference page.

Definition

The percentage of insurance policies that are allowed to expire or are not renewed by policyholders within a specified period.

Operational example

A high lapse rate can undermine the insurer’s profitability and impact actuarial projections for future business.

Localized term

लैप्स दर

Localized example

उच्च लैप्स दर बीमाकर्ता की लाभप्रदता को प्रभावित कर सकती है और भविष्य के बीमांकिक अनुमानों को बदल सकती है।

Definition language

English reference definition

Source

CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework

Category

Insurance

Exam relevance

  • CFA
  • ACCA
  • FRM

Target audience

  • Financial Analysts
  • Bankers
  • Traders

Related terms

Use the related links below to continue through connected finance terminology.

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