Paragraph match score 86.2%
Page A-451
Glossary
Policy Reinstatement: The process of restoring a lapsed insurance policy by paying pending premiums and completing other requirements
Page A-511
Glossary:
Surrender Value: The amount a policyholder is liable to receive when terminating their policy before its due date. Reinsatement: It is the process of restoring a lapsed insurance policy by paying overdue premiums within the permitted time frame