If a policy, coverage on a policy, or rider is not in force, fill in the date it terminated.  This differs from the Expiration Date as the Expiration Date will usually be in a contract provision.

When a policy terminates, you should fill in the Termination Date because it controls the View Client With Insurance listings and, of course, the total benefit on that list.

You can use the "Show Terminated Policies" check box to put, or remove, policies form the list.  When Show Terminated Policies is checked, policies with a termination date will be on the list and the benefit total will include these policies.  When unchecked, the policy will be off of the list.

The Policy Status field does NOT affect the list when the Show Terminated Policies is checked.  However, the Status field, combined with the Termination Date gives a full description of what happened to the policy.  Status = Lapsed, Termination Date 1/28/2014 would indicate the policy lapsed on 1/28/2014.

When you fill in the Termination Date, you should update the Policy Status.