Should I reinstate or re-apply?

Before jumping into the reinstatement process, it's a good idea to evaluate your options. In some cases, getting a new life insurance policy might be a more cost-effective solution; however, when you consider the back-payment and interest associated with reinstatement, it is often financially wiser to re-apply for a policy. With both options, you will go through the underwriting process again.

The Decision Is Yours - Whether you choose to reinstate your lapsed policy or opt for a new one, the important thing is ensuring your loved ones are protected. Take the time to assess your financial situation, needs, and long-term goals before making a decision.

Remember, life insurance is a crucial safety net for your family's future. Whether you choose to reinstate or initiate a new policy, you're taking a proactive step toward securing their financial well-being.

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