noncontestability clause
A provision in a life insurance policy that provides the insurance company with the ability to question any information disclosed on a life insurance application within a specific timeframe. After the predetermined grace period has lapsed, it will become harder for the insurance company to deny a claim made by a client on the grounds of inaccurate information included on the application.
Popular 'Insurance' Terms
Related Personal Finance Articles
Loading...
noncontestability clause in the news
Loading...
noncontestability clause is ...
... part of the Insurance subject.







