Definition of "Reinstatement"

The restoration of a lapsed policy to full force and effect. The company requires evidence of insurability and payment of past due premiums plus interest.

The restoration of a lapsed insurance policy. The company requires evidence of insurability and payment of past-due premiums plus interest.

This is the restoration of a lapsed life insurance policy. The life insurance company will require evidence of continuing good health and the payment of all past due premiums plus interest.

The restoration of a lapsed life or health insurance policy. The life insurance company may require evidence of insurability and the payment of past due premiums plus interest.