Pulsed‐laser induced polymerization is modeled via an approach presented in a previous paper.[1] An equation for the time dependence of free‐radical concentration is derived. It is shown that the termination rate coefficient may vary significantly as a function of time after applying the laser pulse despite of the fact that the change in monomer concentration during one experiment is negligible. For the limiting case of t ≫ c–1 (kpM)–1, where c is a dimensionless chain‐transfer constant, kp the propagation rate coefficient and M the monomer concentration, an analytical expression for kt is derived. It is also shown that time‐resolved single pulse‐laser polymerization (SP–PLP) experiments can yield the parameters that allow the modeling of kt in quasi‐stationary polymerization. The influence of inhibitors is also considered. The conditions are analyzed under which M (t) curves recorded at different extents of laser‐induced photo‐initiator decomposition intersect. It is shown that such type of behavior is associated with a chain‐length dependence of kt.