Incontestability Clause Law and Legal Definition
Incontestability clause is a provision of an insurance-policy that prevents the insurer, from disputing the policy's validity on the basis of fraud or mistake after a specified period. It bars all defenses except those reserved. Most of the states in the U.S require life insurance policies to contain a clause making the policy incontestable after it has been in effect for a specified period, unless the insured does not pay premiums or violates policy conditions relating to military service. Some states require incontestability clauses to be included in accident and sickness policies also.
This is also known as noncontestability clause or incontestable clause or uncontestable clause.