incontestability clause


A provision in a life insurance policy that prevents the insurer from revoking coverage because of alleged misstatements by the insured after a specified period, usually about two years. Of course, this is not a license to commit fraud, and the discovery of fraud will lead the company to contest any claims and possibly pursue criminal charges.

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The incontestability clause was not good and I thought that it had no reason for existing in our everyday work.

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You should try and get an incontestability clause if you think that will make things better for you in the future.

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After my mother died and we received a large life insurance payment, I became suspicious of my brother after I overheard him discussing the incontestability clause with his lawyer.

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incompetent incontestable clause