1. Restore a past-due loan to a current status. 2. To renew insurance coverage after a lapse. For example, if premiums are not paid in a timely fashion and a policy lapses, it may be reinstated within a specific period of time if the policy holder remains insurable. The option to reinstate coverage must be weighed against the potential advantages and disadvantages associated with a new policy. These might include changes in premium costs and the resetting of provisions for contestability and suicide.

Related information about reinstate:

1. Reinstate - Merriam-Webster Online
   are now displayed on one page. re·in·state. transitive verb \ˌrē-ən-ˈstāt\. re·in· stat·edre·in·stat·ing. Definition of REINSTATE. 1. : to place again (as in possession ...
    
2. reinstate - definition of reinstate by the Free Online Dictionary ...
   tr.v. re·in·stat·ed, re·in·stat·ing, re·in·states. 1. To bring back into use or existence. 2. To restore to a previous condition or position.
    
3. Reinstate | Define Reinstate at Dictionary.com
   verb (used with object), re·in·stat·ed, re·in·stat·ing. to put back or establish again, as in a former position or state: to reinstate the ousted chairman. Relevant ...
    
4. Reinstate Synonyms, Reinstate Antonyms | Thesaurus.com
   Synonyms for reinstate at Thesaurus.com with free online thesaurus, antonyms, and definitions. Dictionary and Word of the Day.
    
5. reinstate verb - definition in British English Dictionary & Thesaurus ...
   reinstate verb - definition, audio pronunciation, synonyms and more for reinstate verb: to give someone back their previous job or position, or to cause something ...
    
6. Use reinstate in a sentence | reinstate sentence examples
   Example sentences with the word reinstate. reinstate example ...
    
7. What is reinstate? definition and meaning
   Definition of reinstate: Restore a past-due loan to a current status.
    
8. reinstate - Dictionary Definition : Vocabulary.com
   Definition of reinstate : When you reinstate someone, you return that person to a position or job. A principal might reinstate a laid off teacher when the school ...