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 ?
Compared to damages compensation, reinstatement should be used sparingly and only in clear cases.
United denied the claim and informed Cardenas that it was rescinding the policy due to misrepresentations it found in the reinstatement application.
Simply put, an employer has a higher burden of establishing a denial of reinstatement under the key employee provision of the FMLA than it would in establishing an undue hardship as a bar to an employee accommodation under the ADA.
In affirming the ALJ's order for temporary reinstatement, the commissioners noted conflicting evidence in the record concerning whether the job evaluations were entirely unrelated to miners' protected activities, and as previously established, it is "not the judge's duty, nor is it the Commission's, to resolve the conflict in testimony at the temporary reinstatement stage of the proceedings."
The reinstatement testing has, at least in India, dissuaded athletes preparing for major competitions from doping even as they are serving a suspension.
Instructing a qualified surveyor to provide professional review of the reinstatement costs will assist landlords and tenants in reducing their asset risk and business liabilities.
Similar to other forms of response recovery (e.g., resurgence; Lieving, Hagopian, Long, & O'Connor, 2004; Lieving & Lattal, 2003; Volkert, Lerman, Call, & Trosclair-Lasserre, 2009), it has been suggested (e.g., Doughty et al., 2004) that reinstatement may play a role in some applied circumstances when clinical relapse occurs.
Endurance Specialty Holdings puts its Sandy-related losses at $160 million, pretax and net of reinsurance and reinstatement premiums.
Her decision shocked Virginia, sparking protests on campus that eventually led to (http://chronicle.com/article/U-of-Virginia-Board-Votes-to/132603/) Sullivan's reinstatement less than three weeks later .
Indeed, the number of cases in which a temporary reinstatement is sought are on a dramatic increase.
MANAMA: The government has accomplished Bahrain Independent Commission of Inquiry (BICI) recommendation 1723, 1723A, B and C on reinstatement of dismissed public and private sector workers and students accused of taking part in last year's violent incidents.
Bahrain's government has accomplished Bahrain Independent Commission of Inquiry (BICI) recommendation on reinstatement of dismissed public and private sector workers and students accused of taking part in last year's violent incidents.