My divorce settlement requires that i continue to pay on a life insurance policy to pay for my alimony and child support. Now that i am 3.5 yrs away from paying my obligations under the i would like to let the policy lapse as its getting to expensive to maintain as its a variable policy and if the market doesnt perform well, then the premiums get adjusted to make up for the difference between the market performance and the cost of insurance. What is the worst that can happen if i let the policy lapse? Not even sure if my ex will even find out that the policy lapsed. I dont see any risk. Do you?