a. Explain the requirements for reinstating a lapsed life insurance policy. b. What are the advantages and

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a. Explain the requirements for reinstating a lapsed life insurance policy.
b. What are the advantages and disadvantages of reinstating a lapsed life insurance policy?

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Principles of Risk Management and Insurance

ISBN: 978-0132992916

12th edition

Authors: George E. Rejda, Michael McNamara

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