The two major actions required for a policyholder to comply with the Reinstatement Clause are

• A. Complete medical exam and pay current year's premium
• B. Re-submit a new application, pay current year's premium
• C. provide evidence of insurability, pay past due premiums
• D. Update beneficiary, sign new policy

Answer: (C)

When a policy lapses, reinstatement brings it back into force, and the essential steps are to settle what’s overdue and show you’re still insurable. You must pay the past-due premiums (often with interest) and provide evidence of insurability so the insurer can underwrite you again based on current health. The policy isn’t reissued as a new contract, and simply updating a beneficiary or paying just the current year’s premium wouldn’t reinstate it. Some contracts may require proof of health or medical exams, and may also address any outstanding policy loans, but the two core actions are paying the past-due amounts and supplying evidence of insurability.