Insurance

Tingkat Lapse

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

Tingkat Lapse 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 Tingkat Lapse?

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

How is Tingkat Lapse used in finance?

In finance communication, this term appears in contexts such as: "Tingkat lapse yang tinggi dapat merusak profitabilitas penanggung dan memengaruhi proyeksi aktuaria untuk bisnis masa depan."

Why does Tingkat Lapse matter in finance?

Tingkat Lapse 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 Tingkat Lapse?

Tingkat Lapse is mainly used by Financial Analysts, Bankers, and Traders.

What category does Tingkat Lapse belong to?

In this glossary, Tingkat Lapse 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

Tingkat Lapse

Localized example

Tingkat lapse yang tinggi dapat merusak profitabilitas penanggung dan memengaruhi proyeksi aktuaria untuk bisnis masa depan.

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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