Reinstatement of a lapsed policy is possible if the policyholder submits a written request for reinstatement within a timeframe of two years from the date of the lapse.
If the Life Assured commits suicide for any reason whether sane or insane within 12 months from the date of inception of the Policy or within 12 months from the date of Revival /
Reinstatement of the lapsed policy, the company will not be liable to pay the benefits under the policy other than what is specified below:
The policyholder can apply for
reinstatement of the lapsed policy within two years from the due date of the first unpaid premium («Reinstatement Period»).
The Policyholder can apply for
reinstatement of the lapsed policy within two years from the due date of the first unpaid premium.
Not exact matches
Reinstatement The resumption
of coverage under a
policy that has
lapsed.
Reinstatement Provision Most life insurance
policies will grant the
policy owner the right for a limited period
of time to reinstate a
policy after it has
lapsed.
The revival
of a
lapsed policy is possible if the policyholder submits a written request for
reinstatement within a timeframe
of two years from the first unpaid premium.
The revival
of a
lapsed policy is possible if the policyholder submits a request for
reinstatement within a timeframe
of two years from the date
of the first unpaid premium.
Revival
of a
lapsed policy is possible if the policyholder submits a written request for
reinstatement within a timeframe
of two years from the date
of the first unpaid premium.
The revival
of a
lapsed or discontinued
policy is possible if the policyholder submits a request for
reinstatement within a timeframe
of two years from the date
of the first unpaid premium and pays all due premiums.
If your
policy has
lapsed then the policyholder submits a request for
reinstatement within a timeframe
of two years from the date
of the first unpaid premium.
The renewal
of lapsed policy can be done if the insured submits a
reinstatement request within a period
of 2 years since the date due for the payment
of first unpaid premium.
Reinforcement
of a
lapsed insurance
policy is possible in case the insured files a
reinstatement request within a timeframe
of two years from the date
of the first unpaid premium.
Most companies will provide a period
of time after
lapse that an owner can still submit a
reinstatement payment and bring the
policy back into good standing without the need for the insured to pass through the underwriting process again.
Reinstatement - Restoring a
lapsed policy to its original premium paying status, upon payment by the
policy owner, with interest,
of all unpaid premiums and
policy loans, and presentation
of satisfactory evidence
of insurability by the insured.
Lapsed Policy Reinstatement: If the premium due remains unpaid by the end of the grace period, the policy gets lapsed and no life cover will be provided to you during lapse p
Lapsed Policy Reinstatement: If the premium due remains unpaid by the end of the grace period, the policy gets lapsed and no life cover will be provided to you during lapse p
Policy Reinstatement: If the premium due remains unpaid by the end
of the grace period, the
policy gets lapsed and no life cover will be provided to you during lapse p
policy gets
lapsed and no life cover will be provided to you during lapse p
lapsed and no life cover will be provided to you during
lapse period.
Lapsed Policy Reinstatement: Lapsed policy can be reinstated within two years since the date of first policy unpaid policy premium subject to acceptance of the same by the insured co
Policy Reinstatement:
Lapsed policy can be reinstated within two years since the date of first policy unpaid policy premium subject to acceptance of the same by the insured co
policy can be reinstated within two years since the date
of first
policy unpaid policy premium subject to acceptance of the same by the insured co
policy unpaid
policy premium subject to acceptance of the same by the insured co
policy premium subject to acceptance
of the same by the insured company.
The revival
of a
lapsed policy is possible if the policyholder submits a written request for
reinstatement within a timeframe
of three years from the date
of the first unpaid premium.
The revival
of a
lapsed or discontinued
policy is possible if the policyholder submits a request for
reinstatement within a timeframe
of two years from the date
of the first unpaid premium and pays all due premium.
The revival
of a
lapsed policy is possible if the policyholder submits a written request for
reinstatement within a timeframe
of one year from the date
of the first unpaid premium.
He further alleged, «We have observed that a few life insurance companies misuse the prescribed terms and conditions to avoid rendering the sum assured to the policyholder in event
of reinstatement of policy after a
lapse, only the only premium is refunded to the policyholder.»
The revival
of a
lapsed policy is possible if the policyholder submits a written request for
reinstatement within a timeframe
of two years from the date
of the first unpaid premium.
Lapsed Policy Reinstatement or Revival: You may revive your lapsed policy within 2 years from the due date of the first unpaid pr
Lapsed Policy Reinstatement or Revival: You may revive your lapsed policy within 2 years from the due date of the first unpaid pr
Policy Reinstatement or Revival: You may revive your
lapsed policy within 2 years from the due date of the first unpaid pr
lapsed policy within 2 years from the due date of the first unpaid pr
policy within 2 years from the due date
of the first unpaid premium.
Lapsed Policy Reinstatement or Revival - A lapsed Policy can be revived by you within 2 years from the due date of the first unpaid premium subject to the terms and conditions as specified from time to
Lapsed Policy Reinstatement or Revival - A
lapsed Policy can be revived by you within 2 years from the due date of the first unpaid premium subject to the terms and conditions as specified from time to
lapsed Policy can be revived by you within 2 years from the due date
of the first unpaid premium subject to the terms and conditions as specified from time to time.
The restoration
of a
lapsed policy to in force status is called
Reinstatement.
Lapsed Policy Reinstatement or Revival: A lapsed Policy can be revived within 2 years from the due date of the first unpaid pr
Lapsed Policy Reinstatement or Revival: A
lapsed Policy can be revived within 2 years from the due date of the first unpaid pr
lapsed Policy can be revived within 2 years from the due date
of the first unpaid premium.
Lapsed Policy Reinstatement: A lapse policy can be renewed within 2 years from the date of unpaid pr
Policy Reinstatement: A
lapse policy can be renewed within 2 years from the date of unpaid pr
policy can be renewed within 2 years from the date
of unpaid premium.
Lapsed policy reinstatement: The policyholder can reinstate the lapsed policy within 3 years by paying all the due premiums from the date of first unpaid p
Lapsed policy reinstatement: The policyholder can reinstate the
lapsed policy within 3 years by paying all the due premiums from the date of first unpaid p
lapsed policy within 3 years by paying all the due premiums from the date
of first unpaid premium
Ask any questions to your broker / agent about
reinstatement of the
policy in case there is a
lapse for late premiums, issuance
of policy, effective date
of the
policy, etc..
The Company reserves the right to accept or reject the revival /
reinstatement of the
lapsed / reduced paid - up
policy as per the board approved underwriting guidelines.
Also ask them to send you a copy
of all correspondence concerning the payment being late and the
policy being near
lapsing and then
lapsing and any correspondence concerning
reinstatement for past due premiums.
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of paying legitimate claims, insurance,
lapsed policy, life insurance,
reinstatement
Most companies, at the end
of the grace period when the
policy is
lapsed and no coverage exists, will send another letter and offer a chance to simply pay the past due premium for a short period, usually another 20 or 30 days without requiring a
reinstatement application.
In case the policyholder wants to revive the
lapsed policy, he has to apply for its
reinstatement within two years from the due date
of the first unpaid premium.