Exam term
Incontestability clause
A provision barring the insurer from contesting a policy for misstatements in the application after it has been in force for two years during the insured's lifetime, except for nonpayment of premium.
Exam term
A provision barring the insurer from contesting a policy for misstatements in the application after it has been in force for two years during the insured's lifetime, except for nonpayment of premium.