Legal Question in Insurance Law in New York

First question is what do you mean they refused to reinstate the policy? This is fishy. Second, was this a whole life product, and what kind of anti-lapse provision is in effect? Third, your financial adviser should notify his malpractice insurance company, and the company should send you a "pre-claim" invitation to negotiate. If you don't here from the insurance company then you will need to sue pronto.

You have recourse but you're going to need to hire an attorney.