Illustrate the process involved in ordinary revival of policy.
1
Write a New Policy, whose Date-of Commencement is Within Two Years of the Original Date-of Commencement of the Lapsed Policy.
2
Payment of Arrears, With Interest.
3
Get a Loan on the Lapsed Policy, as a Consideration for Revival-Purposes.
4
Pay the Premium Arrears, in Instalments.
5
None of the Above.