What Does Automatic Reinstatement Mean?

Free Business Insurance Quote Click Here
What does Automatic Reinstatement mean? Read on to discover the definition & meaning of the term Automatic Reinstatement - to help you better understand the language used in insurance policies.

Automatic Reinstatement

Automatic Reinstatement

Automatic reinstatement is an insurance policy provision that states that the policy limit will be restored after a claim is paid out. In other words, it reinstates the original policy limit after the insurer pays for a covered loss.

We hope the you have a better understanding of the meaning of Automatic Reinstatement.

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z


Free Business Insurance Quote Click Here