Construct a Situation, that would require Evidence of Insurability, at Revival.
A)It has been a Week, since the Policy has been Lapsed.
B)Policy has been Lapsed, for More Than a Year.
C)Policy has been In- Force, for a Year.
D)Loan against Policy has been sought.

Question

Quizplus · Accepted Answer

Evidence of Insurability at revival is typically required when a policy has been lapsed for a significant period, such as more than a year, because the insurance company needs to reassess the risk of insuring the individual again.

Construct a Situation, That Would Require Evidence of Insurability, at Revival