An incontestability clause prohibits an insured from entering a contest during the term of a policy.

Name: An incontestability clause prohibits an insured from entering a contest during the term of a policy.
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Quizplus · Accepted Answer

An incontestability clause in an insurance policy refers to the insurer's inability to contest the validity of the policy after a certain period of time has passed (typically 2 years). It has nothing to do with prohibiting the insured from entering a contest during the term of the policy.

An Incontestability Clause Prohibits an Insured from Entering a Contest