Required Provision 4 addresses reinstatement of a lapsed policy. According to this provision, when an insured applies for reinstatement and receives a conditional receipt, how long does the insurer have to approve or deny reinstatement before the policy will be automatically reinstated?
A. 180 days from the date the unpaid premium was due.
B. 30 days from the date the insurer receives the application for reinstatement.
C. 45 days from the date of the conditional receipt.
D. There is no such automatic reinstatement.