Job Description:

• 1) Compiles data on lapsed insurance policies to determine automatic reinstatement according to company policies: Determines if overdue premium is received within specified time limit.

• 2) Compares answers given by insured on reinstatement application with those approved by company and examines company records to determine if there are circumstances which may make reinstatement impossible.

• 3) Approves reinstatement when criteria for automatic reinstatement are met.

• 4) Calculates irregular premium and reinstatement penalty due when reinstatement is approved.

• 5) Types notices of reinstatement approval or denial, and of payment due, and sends notices to insured.