A certificate will not be contested after it has been in force for two years from its date of issue. After two years, the company loses the right to contest a claim.
Life policies provide that, except for non-payment of premiums and certain other circumstances, the policy shall be incontestable after the policy has been in force for two years during the lifetime of the insured.
Policies shall be incontestable after a stated period of time from issue date; usually two years.
A provision that places a time limit - up to two years - on a company´s right to deny payment of a claim because of suicide or a material misrepresentation on your application.
A statutory provision permitting erroneous enrollments that have continued for at least two years to become valid, if you have paid the applicable premiums during the period of erroneous coverage.
A provision of most insurance policies that provides for a period of time, usually 2 years, wherein the insurance company can contest payment of the proceeds of the policy if it can be shown that the applicant lied or failed to reveal existing conditions at the time of issuance of the policy.
In which the insurance company cannot contest any terms and benefits of a policy due to misstatement or misrepresentation. Usually in effect after a period of two years.
An insurance policy provision whereby the insurer, after the policy has been in effect for a specified period, gives up the right to dispute a claim. Ordinary policies are usually incontestable after having been in effect for two years; weekly premium, usually after one year.
Provision in a policy that provides an insurance company cannot contest the validity a claim after the policy has been in force for a certain period, usually two or three years.
A provision in Life Insurance policies that states that, except for non-payment of premiums and certain other circumstances, the policy shall be incontestable during the lifetime of the Insured after the policy has been in force for two years .
