Which insurance provision is considered optional?

The reinstatement provision is considered optional because it relates to the policyholder's ability to restore a lapsed policy. While many insurers include a reinstatement option, it is not universally required or standard across all insurance policies. This provision allows an insured individual to reinstate a policy that has lapsed due to non-payment within a specific time frame, often providing a level of flexibility for policyholders.

In contrast, provisions like claims form, legal action, and notice of claims are generally considered standard requirements within most insurance contracts. These provisions establish necessary guidelines for filing claims, the deadlines for filing legal actions, and the processes for notifying the insurer of a claim, ensuring that all parties are aware of their rights and responsibilities. By being mandatory, these provisions help streamline the claims process and protect both the insurer and the insured.