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Insurance Claims

What is the life insurance contestability period?

Short answer

The first two years after a policy is issued during which the insurer can investigate and deny claims for material misrepresentation on the application (lying about health history, for example). After two years, the policy is generally incontestable except for fraud. If…

What this usually means

The first two years after a policy is issued during which the insurer can investigate and deny claims for material misrepresentation on the application (lying about health history, for example). After two years, the policy is generally incontestable except for fraud. If the death occurred in the first two years, the claim may be delayed while they investigate.

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