Which of the following provisions requires the policyholder to again qualify as an acceptable risk and pay overdue premiums with interest in order to put a lapsed policy back in force?

Question

Quizplus · Accepted Answer

Policy reinstatement allows a lapsed policy to be put back in force, but the policyholder must meet certain conditions, such as qualifying as an acceptable risk again and paying overdue premiums with interest. The incontestability clause, misstatement of age provision, naming a beneficiary, and grace period do not directly relate to reinstating a lapsed policy.

Which of the Following Provisions Requires the Policyholder to Again