Which statement about reinstatement provisions is true?

• A. It may be reinstated for up to 3 years after the last premium due date.
• B. It may be reinstated for up to 5 years after the policy issue date.
• C. It requires no proof of insurability to reinstate.
• D. It automatically reinstates without underwriting.

Answer: (A)

Reinstatement provisions describe how a policy that has lapsed for nonpayment can be brought back into force. The important point is that you can reinstate within a limited period, usually up to three years after the last premium due date before the lapse. To reinstate, you generally must pay the overdue premiums with interest, settle any outstanding loans, and provide evidence of insurability through underwriting. This is why the statement is true: it correctly states the 3-year window for reinstatement.

The other options don’t fit because reinstatement is not measured from the policy issue date (it’s tied to the lapse timing), and it typically requires proof of insurability rather than automatic reinstatement or no underwriting.