What is typically required for policy reinstatement?

For a policy reinstatement, payment of all overdue premiums is typically required because it addresses the reason the policy lapsed in the first place. When a policyholder fails to pay premiums, their coverage is suspended, and by paying the overdue amounts, the policyholder restores the previous policy terms and benefits.

Reinstating a life insurance policy generally allows the policyholder to regain their coverage without needing to undergo new underwriting processes like medical exams or beneficiary redesignations. This means that as long as the policyholder pays the overdue amount, the policy can often be reinstated according to the insurer’s guidelines, ensuring continuity of coverage.

The other options, such as submitting a death certificate or undergoing a new medical examination, are not standard requirements for reinstatement. Usually, a death certificate would be relevant only in the context of a claim, not reinstatement. Similarly, a new medical examination is not typically required unless the policy has lapsed for an extended period, as determined by the insurer’s policies. New beneficiary designations may be needed if the policyholder wishes to change them, but this does not apply directly to the reinstatement process itself.