Which of the Following Statements Is Correct About Reinstatement Provisions

Which of the following statements is correct about reinstatement provisions on life insurance policies that have lapsed?

A) All life insurance policies allow lapsed policies to be reinstated.
B) Reinstatement of a life insurance policy typically requires proof of insurability and payment of any missed premiums with interest.
C) Reinstatement requires the forfeiture of the cash value of the policy.
D) Reinstatement provisions typically allow for missed premiums to be waived upon reinstatement.