Can Life Insurance Be Reinstated? 
Getting one 's life insurance policy reinstated is not difficult if there has not been a change of health . If your policy lapsed and you wish to try to reinstate it , you will be required to fill out a reinstatement form with health questions asked . If your health has gotten worse , you most likely will not be able to reinstate your policy at the rate you had before . Normally , this means that you must apply for a brand new policy . It is important to promptly notify your insurance company -LRB- not just your agent -RRB- when you have a change of address . If you are using automatic withdrawal from a bank account and switch banks , you must also notify the insurance company of that . The most common reason for a life insurance policy needing to be reinstated is because the policy payer moved and/or changed banks , and then did not get the premium paid on time due to not receiving the bill , or due to the the bank account being closed . 