Exam term
Contestable period
The time after a policy is issued during which the insurer may challenge and rescind it for material misrepresentation or concealment in the application.
Lessons that use this term
- Dividends, incontestability, assignment, suicide, and accelerated death benefits Florida
- Replacement of health insurance Florida
- Reinstatement, policy loans, and nonforfeiture options New York
- New York required life policy provisions: misstatement of age, statements of the applicant, and proof of death (Ins. Law 3203-3204) New York
- Replacement of health insurance New York
- Insurance contract law and insurable interest Texas