Under 215 ILCS 5/224(1)(e), within what period after default may the owner of a lapsed Illinois individual life policy apply to reinstate it, subject to evidence of insurability and payment of overdue premiums with interest?

Why this is the answer

215 ILCS 5/224(1)(e) requires Illinois individual life policies to provide a reinstatement option for up to 3 years after the date of premium default. To reinstate, the owner must furnish evidence of insurability satisfactory to the insurer and pay all overdue premiums with interest, plus repay or reinstate any policy indebtedness. The policy cannot have been surrendered for cash value.