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If Lindsey lets her life insurance policy lapse, and then decides to later reinstate it, what ...

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If Lindsey lets her life insurance policy lapse, and then decides to later reinstate it, what ...

If Lindsey lets her life insurance policy lapse, and then decides to later reinstate it, what happens with respect to the two-year suicide clause that was in the original policy?
A) It restarts with the date of reinstatement, and runs for another two years.
B) It restarts, but only runs for one year.
C) Nothing
D) It restarts, but only runs the length of time that passed between the lapse and the reinstatement.

Textbook

Introduction to Risk Management and Insurance

Edition: 10^th

Authors: Dorfman, Cather

Read 169 times

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