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 licence to commit fraud, and the discovery of fraud will lead the company to contest any claims and possibly pursue criminal charges.
This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.
This glossary post was last updated: 29th March 2024.
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
- Page URL:https://dlssolicitors.com/define/incontestability-clause/
- Modern Language Association (MLA):Incontestability Clause. dlssolicitors.com. DLS Solicitors. May 09 2024 https://dlssolicitors.com/define/incontestability-clause/.
- Chicago Manual of Style (CMS):Incontestability Clause. dlssolicitors.com. DLS Solicitors. https://dlssolicitors.com/define/incontestability-clause/ (accessed: May 09 2024).
- American Psychological Association (APA):Incontestability Clause. dlssolicitors.com. Retrieved May 09 2024, from dlssolicitors.com website: https://dlssolicitors.com/define/incontestability-clause/
Our team of professionals are based in Alderley Edge, Cheshire. We offer clear, specialist legal advice in all matters relating to Family Law, Wills, Trusts, Probate, Lasting Power of Attorney and Court of Protection.
All author posts