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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.




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End Of Job Description for: "REVIVAL CLERK"
DOT:   219.362-050

Job Number: 8424