Guidelines On Applications For Approval Of New And Repackaged Life Insurance Products

This provision gives a policyholder who has had his policy lapsed for nonpayment of premium or has been continued under a non-forfeiture option, the right to reinstate his policy by meeting specified requirements. The reinstatement period should be at least three years. 

Procedures to Follow

Not Avaiable

Responsible Institution

National Insurance Commission


Relevant Forms to Download

Not Available

Fees & Charges

Not Avaiable