How to Reinstate a Lapsed Life Insurance Policy

Eligibility and Timing

Most insurers allow reinstatement if the lapse is recent—typically within 30 to 60 days—and if the policyholder can prove insurability again. Some carriers extend this window up to a year, but the longer the gap, the stricter the requirements.

Required Documentation

Prepare a completed reinstatement request form, proof of payment for any missed premiums plus interest, and a new medical questionnaire. If the original underwriting class has changed, a fresh medical exam may be required.

Steps to Reinstate

• Contact the insurer's customer service or your agent to confirm reinstatement is possible.
• Submit the reinstatement form and any required medical information.
• Pay all overdue premiums, interest, and any reinstatement fee.
• Await the insurer's approval, which may involve a review of the new health information.

Potential Outcomes

If approved, the policy resumes with the original death benefit and terms, though the premium may increase to reflect the current health status. If denied, you can explore a new application or a guaranteed‑issue policy, which typically carries higher premiums.

Key Considerations

Reinstatement is usually cheaper than buying a new policy because the original underwriting class is retained, but it hinges on meeting the insurer's health criteria and paying all past dues promptly.