The _____ clause is a provision in a life insurance policy that prevents the insurer from avoiding or revoking the coverage after a certain number of years of premium payments on the policy, even if the insured committed fraud in applying for the policy.

Question

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The incontestable clause prevents insurers from revoking the coverage after a certain period of time (usually two years) of premium payments, even if the insured committed fraud in the application. This is meant to protect policyholders who may unknowingly provide inaccurate information during the application process.

The _____ Clause Is a Provision in a Life Insurance