When a health policy is reinstated, which of the following losses are covered immediately?

When a health policy is reinstated, losses resulting from accidental injuries are covered immediately. This is due to the nature of accidental injuries, which are typically treated as new events that occur after the policy has been reinstated. Insurers recognize that such events happen unexpectedly and do not relate to the previously lapsed status of the policy.

In contrast, losses from chronic illnesses or pre-existing conditions usually have waiting periods or specific exclusions attached, as these are situations that predate the reinstatement of the policy. Insurers often want to avoid situations where individuals may wait for a lapse in coverage to seek treatment for conditions that existed before the policy was reinstated. Elective procedures also tend to fall outside of immediate coverage upon reinstatement, as they are planned in advance and may not be considered urgent medical needs that require prompt attention.