if you stop paying premium or miss your premium payment by more than 90 days, it enters into what is called the "paid-up" status. The policy is cancelled by the insurance provider and all the benefits attached with the policy are also suspended.

In some cases this also means, the forfeiting of all the past premiums paid. This is because these policies do not have non-forfeiture benefit option for the policy holder. But some of the companies do offer this- so make sure you check this clause when buying any long term insurance policy.

The policy status can be changed from Paid-up to Paying any time by paying the premium amount.

So make sure you keep track of your premiums -esp on long term policies.