Compile data on lapsed insurance policies to determine reinstatement.
What does a Revival Clerk do?
Compiles data on lapsed insurance policies to determine automatic reinstatement according to company policies: Determines if overdue premium is received within specified time limit. 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. Approves reinstatement when criteria for automatic reinstatement are met. Calculates irregular premium and reinstatement penalty due when reinstatement is approved. Types notices of reinstatement approval or denial, and of payment due, and sends notices to insured.