In Insurance Policies with an Incontestability Clause Where the Insured

In insurance policies with an incontestability clause where the insured has misstated his or her age, the _____.

A) insurer cannot contest its liability on the basis of the insured's misrepresentations
B) insured can take advantage of a misstatement of age clause if the misrepresentation changes the premium by below 50 percent
C) insurer cannot cancel the policy unless it discovers the misrepresentation within a specified time period
D) insured can object on the basis of absence of insurable interest