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Following a lapse of a California whole-life policy, what BEST describes the conditions for reinstatement under Ins. Code § 10113.71?

AReinstatement is automatic on payment of a single back premium, regardless of how long the policy has remained lapsed
Reinstatement is allowed within 3 years of lapse on payment of back premiums plus interest and satisfactory evidence of insurability
CReinstatement is allowed only within 31 days of the lapse date, and only if the insured completes and submits an entirely new written application
DReinstatement is allowed for up to 7 years following lapse with no evidence of insurability required from the insured

Why this is the answer

California Insurance Code § 10113.71 allows reinstatement within 3 years of the date of premium default. The insured must (1) provide evidence of insurability acceptable to the insurer, (2) pay all overdue premiums with interest, and (3) repay any policy loan indebtedness that was outstanding at lapse. Reinstatement is not automatic — the insurer can decline if insurability cannot be re-established. (a) is wrong because reinstatement requires more than one payment and evidence of insurability. (c) confuses reinstatement with the 31-day group conversion window. (d) is wrong on both duration (3 years not 7) and on the no-insurability claim.

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