Doctrine of Reinstatement implies
1.Issue of new property for old one
2.New assured for old one
3.Replacement of old insurance policy for old one
4.Remedy for denial of insurance claim
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Answer:
Definition: If an insured person fails to pay the premium due to various circumstances and as a result the insurance policy gets terminated, then the insurance coverage can be renewed. This process of putting the insurance policy back after a lapse is known as reinstatement.
Explanation:
PLS MARK AS BRAINLIEST
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Answer:
doctrine of lapse that os wrong
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