| 单词 | Lapse of insurance contract |
| 释义 | 保險合約終止 Termination of an insurance contract due to the omission of the insured. A contract of insurance lapses if it has not been replaced or renewed when the period of cover, and any days of grace expressly provided for in the contract, expires: Webb and Hughes (Trading Together as Wright & Webb) v Bracey [1964] 1 Lloyd’s Rep 465. 因受保人的不作為，保險合約因而終止。如保險合約的受保期間終止，而合約沒有被替代或續期，而合約明示規定之寬限日期亦已屆滿者：Webb and Hughes (Trading Together as Wright & Webb) v Bracey [1964] 1 Lloyd’s Rep 465。 |
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