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I accidentally let my Life Insurance policy lapse, and I want to know how I can reactivate it. What steps should I take?
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Best answer
To reinstate a lapsed Life Insurance policy, you will need to contact your insurance company as soon as possible. They will likely require you to pay any outstanding premiums, as well as any late fees or penalties that may have accumulated during the time the policy was lapsed. Additionally, you may need to undergo medical examinations again, depending on the policy and the length of time since the policy lapsed. Once you have satisfied these requirements, your policy should be reinstated, and you can continue with your coverage.
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