- incontestability clause
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a clause in a life-insurance or health-insurance policy stating that the insurer cannot contest the policy after a stated period of time.
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Universalium. 2010.
incontestability clause
Look at other dictionaries:
incontestability clause — in·con·tes·ta·bil·i·ty clause /ˌin kən ˌtes tə bi lə tē / n: a clause in an insurance policy that forbids the insurer from disputing the policy (as on the ground that the insured made false statements) after a set period of time Merriam Webster’s … Law dictionary
Incontestability Clause — A clause in most life insurance policies that prevents the provider from voiding coverage due to a misstatement by the insured after a specific amount of time has passed. A typical incontestability clause specifies that a contract will not be… … Investment dictionary
incontestability clause — Clause in a life insurance contract preventing the insurer from revoking the policy after it has been in force for a year or two if the life insurance company discovers any important facts that the policyholder may have concealed, such as… … Financial and business terms
incontestability clause — A clause in a life or health insurance policy providing that after the policy has been in force for a given length of time (e.g. two or three years) the insurer shall not be able to contest it as to statements contained in the application; and,… … Black's law dictionary
incontestability clause — A clause in a life or health insurance policy providing that after the policy has been in force for a given length of time (e.g. two or three years) the insurer shall not be able to contest it as to statements contained in the application; and,… … Black's law dictionary
incontestability clause — a clause in a life insurance or health insurance policy stating that the insurer cannot contest the policy after a stated period of time … Useful english dictionary
incontestability — I noun impregnability, incontrovertibility, indefeasibility, indisputability, indubitableness, irrefragibility, irrefutability, unassailability, undeniability, unequivocal n ess, unimpeachability, unquestionability, unrefutability associated… … Law dictionary
non-contestability clause — Clause in insurance policy that precludes insurer from contesting policy on basis of fraud or mistake after a specified period of time (e.g., two years) when insured has acted thereon to his detriment by payments of premiums and foregoing other… … Black's law dictionary
non-contestability clause — Clause in insurance policy that precludes insurer from contesting policy on basis of fraud or mistake after a specified period of time (e.g., two years) when insured has acted thereon to his detriment by payments of premiums and foregoing other… … Black's law dictionary
incontestable clause — See incontestability provision … Ballentine's law dictionary
