Lapsed Life Insurance Policy

How To Reinstate A Lapsed Life Insurance Policy?

If you have not paid your life insurance premiums on time you life insurance coverage may have lapsed.

If a life insurance policy lapses you may need to fill out an application for reinstatement and pay all back premiums owed.

As long as your health hasn't changed there should be no problem in re-instating your life insurance coverage.

If the life insurance policy is less than a year old you can reinstate by re-dating with some life insurance companies. You have the policy re-issued with a new issue date. This way you do not have to pay the back premiums.

Learn more about a lapsed life insurance policy and what you can do to get your life insurance coverage back "In Force".