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  2. the act of bringing back something that was previously removed or stopped: The reinstatement of trading restrictions was condemned in the financial press.
    dictionary.cambridge.org/dictionary/english/reinstat…
    to give someone back their previous job or position, or to cause something to exist again: A month after being unfairly dismissed, he was reinstated in his job. The Supreme Court reinstated the death penalty in 1976.
    dictionary.cambridge.org/dictionary/english/reinstate
    : to place again (as in possession or in a former position) 2 : to restore to a previous effective state
    www.merriam-webster.com/dictionary/reinstatement
    Reinstatement is the restoration of a person or thing to a former position. Regarding insurance, reinstatement allows a previously terminated policy to resume effective coverage.
    www.investopedia.com/terms/r/reinstatement.asp
    1. To bring back into use or existence. 2. To restore to a previous condition or position.
    www.thefreedictionary.com/reinstatement
     
  3. People also ask
    What is insurance reinstatement?Reinstatement is the process of restoring an entity to its former position, and in insurance terms refers to allowing a previously terminated policy to resume effective coverage.
    What is a reinstatement clause?A reinstatement clause is an insurance policy clause that states when coverage terms are reset after the insured individual or business files a claim due to previous loss or damage. Reinstatement clauses don't usually reset a policy’s terms, but they do allow the policy to restart coverage for future claims.
    What is a reinstatement provision?Under a reinstatement provision, an insurance policy can be restored to its full original coverage and under the same conditions. The insurance company, however, has a right to attach a rider to the policy to limit the coverage based on an updated health history. This definition explains the meaning of Reinstatement Provision and why it matters.
    What does reinstatement premium mean?A reinstatement premium is a premium that must be paid to activate an insurance policy again after the coverage has ceased. Reinstatement premiums are commonly used in life insurance because people often decide that they want to continue receiving life insurance coverage after their term life policies expire.
     
  4. Dictionary

    re·in·state·ment
    [ˌrēənˈstātm(ə)nt]
    noun
    reinstatement (noun) · reinstatements (plural noun) · re-instatement (noun) · re-instatements (plural noun)
    1. the action of giving someone back a position they have lost:
      "the student body gave its support to the two expelled students and demanded their reinstatement"
      • the restoration of something such as a law or custom:
        "others have demanded the reinstatement of the death penalty"
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  5. Reinstatement: Definition and How It Works with Insurance

     
  6. Reinstatement: Definition And How It Works With Insurance

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    WebNov 8, 2023 · Insurers typically allow three to five years to reinstate a policy after it lapses, Ardleigh says. However, they have certain requirements for reinstatement.

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