The "incontestability clause" found in life insurance policies:

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A common clause in life insurance policies is an incontestability clause. This clause bars the insurer from contesting its liability on the policy on the basis of the insured's misrepresentations if the policy has been in force for a specified period of time (often two years). Incontestability clauses, however, do not bar the insurer from objecting on the basis of absence of insurable interest or the purchase of the policy with the intent to murder the insured.

The "Incontestability Clause" Found in Life Insurance Policies