Reinstatement


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Reinstatement

The restoration of an insurance policy after it has lapsed for nonpayment of premiums.

Reinstatement

The act of an insurer putting an insurance policy back into effect after it has lapsed because of missed premium payments. Generally speaking, a policyholder is under no legal obligation to make premium payments, but if he/she fails to do so, the insurer has the right to rescind the policy. Reinstatement may require proof of continued eligibility for the policy and may also require the policyholder to pay back all missed premium payments.
References in periodicals archive ?
A repeated, three-component sequential schedule design was used to evaluate reinstatement of destructive behavior.
The Government's latest proposals for change to the Employment Relations Act include the removal of the primacy of reinstatement as a remedy.
In court filings, DOL warned that "a failure to enforce the Secretary's order of reinstatement will discourage employees from reporting improper accounting practices of their employers, and encourage managers to retaliate against meritorious complainants, in direct contravention of the Act's purpose.
The law requiring reinstatement of injured workers applies only to an employer of 21 or more employees in the state.
Since then there has been an organised letter-writing campaign by members of the Mattu Reinstatement Committee, attacking me and questioning my motives.
One reader, who disagreed with the reinstatement, said that after 50 years of driving he had recently been prosecuted for his first offence, speeding, and although it was not exactly Schumacher style, he still received points on his licence and a fine.
At that time they could apply for reinstatement of benefits.
Reinstatement obligations -- Employers have an affirmative obligation to reinstate military personnel who are returning from active duty.
The Clinton administration routinely requested reinstatement of the taxes in its budget proposals, but its efforts were lukewarm and insufficient to defeat the activities of those who fought against them.
If you would like to participate in the review and reinstatement of this test method, you must join the Standard-Specific Interest Group (SSIG) so that you will be included on the ballot.
He did some things before becoming chairman to try to encourage" the program's reinstatement.
It is shown that the indemnity should be lower when the firm receives insurance money than in case of reinstatement, but there should be partial coverage even when reinstatement is chosen.