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.
Related information about incontestability clause:
- Incontestability Clause Definition | Investopedia
... a specific amount of time has passed. A typical incontestability clause specifies that a contract will not be voidable after two or three years due to a misstatement.
- Incontestability Clause - Legal Dictionary - The Free Dictionary
A provision in a life or Health Insurance policy that precludes the insurer from alleging that the policy, after it has been in effect for a stated period (typically two or ...
- What is incontestability clause? definition and meaning
Definition of incontestability clause: A provision in a life insurance policy that prevents the insurer from revoking coverage because of alleged misstatements by ...
- Incontestability Clause
Incontestability Clause What is an incontestability clause? An incontestability clause makes a health or life insurance policy indisputable after a certain p.
- Incontestability Clause: Definition from Answers.com
provision in a life insurance contract stating that the insurer cannot revoke the policy after it has been in force for one or two years if the policyholder.
- Incontestability Clause Law & Legal Definition
Incontestability clause is a provision of an insurance-policy that prevents the insurer, from disputing the policy's validity on the basis of fraud or mistake after a ...
- Incontestability clause - Dictionary.com - Reference.com
a clause in a life-insurance or health-insurance policy stating that the insurer cannot contest the policy after a stated period of time. Relevant Questions ...
- Q: How Does The Suicide/Incontestability Clause Work? | Zander ...
Jun 8, 2012 ... The Suicide and Incontestability clauses are standard sections of all Life Insurance policies regardless of the company you select. These are ...