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noncontestability clause

A provision in a life insurance policy that provides the insurance company with the ability to question any information disclosed on a life insurance application within a specific timeframe. After the predetermined grace period has lapsed, it will become harder for the insurance company to deny a claim made by a client on the grounds of inaccurate information included on the application.

Related information about noncontestability clause:
  1. noncontinuance - Legal Dictionary - The Free Dictionary
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  8. Incontestability Clause Law & Legal Definition
    ... clauses to be included in accident and sickness policies also. This is also known as noncontestability clause or incontestable clause or uncontestable clause.