Legal Insights
Plain-language guides and case briefs on Philippine law — researched from the firm's law library of 184,000+ statutes, Supreme Court decisions, and agency issuances, and written so non-lawyers can understand and act on them.
Aug 25, 2009insurance lawpolicy reinstatementinsurance codelapsed policyinsurable interestsupreme court
Insurance Policy Lapses Reinstatement Approval Required Before Death
A lapsed life insurance policy requires company approval during the insured's lifetime for reinstatement; payment alone is not enough.