A clause in a policy of life insurance stating that the policy shall be incontestable after a specified period precludes only a contest of the validity of the policy and does not preclude the assertion at any time of defenses based upon provisions in the policy that exclude or restrict coverage, whether or not the restrictions or exclusions are excepted in such clause.
Section: Previous 21.45.090 21.45.100 21.45.110 21.45.120 21.45.130 21.45.140 21.45.150 21.45.160 21.45.170 21.45.180 21.45.190 21.45.200 21.45.210 21.45.220 21.45.230 NextLast modified: November 15, 2016