👉 Miscensured is a term used in the context of insurance to describe an individual who has had their policy lapse for a certain amount of time before being reinstated. This can be due to various reasons such as non-payment, lapses in coverage, or even accidental cancellation. A "miscensured" policyholder might have experienced delays in receiving claims or unexpected charges that were not covered by the original policy. The insurance company may then decide to reconsider their decision and seek a new policy from another