Multiple choice technology mainframe

The Reactivation Transaction is

  1. Reordering the Policy one day after the cancellation date

  2. Reordering the Policy on the cancellation date

  3. Reordering the Policy before the cancellation date

  4. Reordering the Policy two days after the cancellation date

  5. None of the Above

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

A Reactivation Transaction involves reordering (restoring) a policy on the cancellation date itself - essentially reversing the cancellation on the same day it occurred. This differs from reinstatement which happens after a lapse period. Option A (one day after) would be reinstatement, not reactivation.