Okla. Stat. tit. 36, § 36-4011: Reinstatement

There shall be a provision that unless the policy has been

surrendered for its cash surrender value or unless the paid-up term

insurance, if any, has expired, the policy will be reinstated at any

time within three (3) years from the date of premium default upon

written application therefor, the production of evidence of

insurability satisfactory to the insurer, the payment of all

premiums in arrears, with interest at a rate not exceeding six

percent (6%) compounded annually, and the payment or reinstatement

of any other indebtedness to the insurer upon the policy, with

compound interest at the interest rate or rates which apply to

policy loans between the due date of the premium first in default

and the date of reinstatement.