What is the reinstatement clause?
Which of the following is a necessary condition for reinstatement of a lapsed policy?
What is a reinstatement insurance policy?
Which of the following is are required when reinstating a life insurance policy after a default in premiums?
What is reinstated with lapse?
What is mean reinstatement work?
How do you revive a lapsed life insurance policy?
What is reinstatement premium?
Does a reinstated policy provide immediate coverage?
What is revival of lapsed policy?
Can a lapsed policy be reinstated?
Is to restart a lapsed policy?
What are the types of revival?
- Ordinary Revival Scheme. …
- Special Revival Scheme. …
- Loan-cum-Revival Scheme. …
- Survival Benefit cum Revival Scheme. …
- Revival By Installment Method.
What is renewal and revival?
is that renewal is the act of renewing while revival is the act of reviving, or the state of being revived.
What are the two types of revival?
What is special revival?
What is installment revival?
If you are not able to clear your dues, the policy can be revived by paying the premiums in installments. You can choose one of the following choices: Yearly premium – You pay half of the yearly premium in one go. Half-yearly premium – You pay one half of the yearly premium.