Exam term
Reinstatement · Insurance
A provision letting the owner restore a lapsed policy's original contract by furnishing evidence of insurability, paying overdue premiums with interest, and settling any outstanding policy loan.
Lessons that use this term
- Reinstatement, policy loans, and nonforfeiture options Florida
- Premium payment modes and grace period New York
- Reinstatement, policy loans, and nonforfeiture options New York
- New York required annuity contract provisions (Ins. Law 3219, 4220, 4223) New York
- Reinstatement, policy loans, and nonforfeiture options Texas
- Individual life policy provisions, free look, and grace period Texas