An incontestability clause gives insurance companies a statutory period of time to pay the claims suffered by the insured.

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An incontestability clause is a provision in an insurance contract that limits the time within which an insurer can void the policy or deny a claim based on information found in the application. It does not pertain to the timely payment of claims by the insurer.

An Incontestability Clause Gives Insurance Companies a Statutory Period of Time