Once a life insurance policy has been in effect for two years,the company cannot deny a claim because of errors in the application.

Name: Once a life insurance policy has been in effect for two years,the company cannot deny a claim because of errors in the application.
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Quizplus · Accepted Answer

This is a true statement. After a life insurance policy has been in effect for two years, it is considered incontestable, meaning the insurer cannot deny a claim based on errors or misrepresentations made in the application.

Once a Life Insurance Policy Has Been in Effect for Two