Ace Arkansas Life & Health Insurance 2025 – Secure Your Success!

Question: 1 / 400

Incontestable clause in life insurance policies means the policy cannot be contested after how many years, except for fraud?

2 years

The correct answer is A. The incontestable clause in life insurance policies typically states that after a certain period of time, usually 2 years from the policy's effective date, the policy cannot be contested by the insurance company except in cases of fraud. This clause provides assurance to the policyholder that once this period has passed, the insurance company cannot challenge the validity of the policy for reasons other than fraud. It gives the policyholder peace of mind and security regarding the coverage provided by the policy.

Get further explanation with Examzify DeepDiveBeta

3 years

4 years

5 years

Next Question

Report this question

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy