Insurance Policy Reinstatement Request

An Insurance Policy Reinstatement Request is a formal request by a policyholder to an insurance company to restore coverage under a policy that has lapsed or been cancelled due to non-payment of premiums or other reasons. The request typically includes an explanation of the circumstances that led to the lapse or cancellation, as well as any steps taken by the policyholder to cure the default, such as paying past-due premiums or providing updated underwriting information. Insurance policy reinstatement requests are subject to the insurer’s underwriting guidelines and may be approved or denied based on the insurer’s assessment of the risk and the policyholder’s eligibility for coverage.