What does reinstating funeral cover mean?
Reinstating funeral cover refers to reactivating an insurance policy that has lapsed or been cancelled.
Why would I consider reinstating my funeral cover policy?
Reinstatement can be advantageous as it allows the policyholder to regain coverage without needing to apply for a new policy.
Can I reinstate my individual funeral cover policy if it has lapsed?
If your individual funeral cover policy has lapsed, it may be reinstated according to terms periodically set by the Company. This reinstatement is only permitted within six months from the lapse date. Premiums and coverage will be determined based on the current rates at the time of reinstatement.