INCONTESTABILITY definition

INCONTESTABILITY. This Contract is incontestable from its Contract Date.

INCONTESTABILITY. We will not contest this Contract.

INCONTESTABILITY. We will not contest payment of the Death Proceeds based on the initial Specified Amount after this Policy has been in force during the Insured's lifetime for 2 years from the Policy Date. For any increase in Specified Amount requiring evidence of insurability, we will not contest payment of the Death Proceeds based on such an increase after it has been in force during the Insured's lifetime for 2 years from its effective date.

Examples of INCONTESTABILITY in a sentence

• INCONTESTABILITY After coverage under the Policy has been in force for two years, it can only be contested for non-payment of premiums.

• INCONTESTABILITY We will not use any statements in an Insured Person's application to contest the validity of this insurance after it has been in- force during the lifetime of the Insured Person for two years.

• INCONTESTABILITY OF INSURANCE TO WHICH THE CLAIM RULES APPLYThis limits Prudential's use of a person’s statements in contesting an amount of that insurance for which the person is insured.

• INCONTESTABILITY (1) The policy shall contain an incontestability provision and include the conditions of the provision.

• INCONTESTABILITY We will not use any statements in Your application to contest the validity of this insurance after it has been in-force during Your lifetime for two years.

More Definitions of INCONTESTABILITY

INCONTESTABILITY. We will not contest this Contract from its Issue Date.

INCONTESTABILITY. Aetna cannot cancel this Contract because of any error of fact.

INCONTESTABILITY. After two years, the Contract will be incontestable.

INCONTESTABILITY. We will not contest the validity of this contract.

INCONTESTABILITY. This Contract will not be contestable after it has been in force for a period of two years from the Issue Date.

INCONTESTABILITY. We will not contest payment of the Death Proceeds based on the initial Specified Amount after this Policy has been in force during the lifetime of both Insureds for 2 years from the Policy Date. For any increase in Specified Amount requiring evidence of insurability, we will not contest payment of the Death Proceeds based on such an increase after it has been in force during the lifetime of both Insureds for 2 years from its effective date. We require notification of the first death within one year even though Death Proceeds are not payable until the second death. Two years after the Policy Date and the effective date of any increase in Specified Amount, if we have not received such notice, we will request confirmation that both Insureds are alive.

INCONTESTABILITY. We will not contest the validity of this contract. Misstatement of Age or Sex: If the age or sex of the owner or annuitant has been misstated, we will adjust the benefits paid under this contract to reflect the correct age and/or sex. Underpayments will be made up immediately, overpayments will be deducted from future annuity payments until the total is repaid.