Shortly after construction of the town center began, the Atlanta, Birmingham, and Atlantic Railroad came through. The railroad was economically important to the town and the county because it provided quicker access to distant markets, and Wadley became a shipping center. By 1910, the population had reached 426.
Life insurance is a contract. Term life insurance is a contract based on the exchange of premiums for coverage. If you stop paying premiums and youâre past the reinstatement period, youâve lost coverage and may be required to re-qualify for coverage.
When the insurance premium is not paid on time, all benefits of the policy stops and the policy becomes a Lapsed Policy. The insurance premium needs to be paid on the due date or within the grace period. If the premium is further delayed, then the policy becomes dead which means Lapsed in the insurance language.he most important question is how to revive the lapsed insurance policy in case of failed in paying the premium. It is one of the most common problems for the policyholder; they may miss the due date for several reasons and tend to revive the policy later.