How to deternine if a Legacy policy is eligible for reinstatement

  • Was the call/payment received within 30 days of the processed cancellation date? No? Decline. If yes, move forward. 
  • Was the policy cancelled for underwriting reasons? Yes? Decline. If not, move forward. 
  • Are there any “Do not reinstate” comments in Mainframe? Yes? Decline. If not, move forward. 
  • Are there any OPEN claims? Yes? Decline. If not, move forward. 
  • Are there any CLOSED claims within the term that you are reinstating? Yes? Decline. If not, move forward. 
  • Using the following chart determine how many reinstatements their state is allowed within a rolling 12 months, then review how many times they have been reinstated within the last 12 months.

    AL

    0

    IL

    1

    MO

    1

    SD

    1

    AR

    0

    IN

    1

    MS

    0

    TN

    0

    AZ

    0

    KS

    1

    NC

    1

    TX

    1

    CO

    0

    KY

    2

    ND

    1

    UT

    0

    CT

    0

    MD

    1

    OH

    2

    VA

    0

    GA

    0

    MI

    0

    PA

    2

    WI

    1

    IA

    1

    MN

    1

    SC

    0

    WV

    1