§ 38.2-3305. Incontestability
A. Each individual life insurance policy shall contain a provision that the policy shall be incontestable after it has been in force during the lifetime of the insured for two years from its date of issue except for nonpayment of premiums.
B. Provisions relating to benefits in event of disability, and provisions granting additional insurance specifically against death by accident or accidental means, may be excepted in the incontestability provision.
(Code 1950, § 38-371(3); 1950, p. 179; 1952, c. 317, § 38.1-394; 1986, c. 562.)
Sections: Previous 38.2-3300 38.2-3301 38.2-3302 38.2-3303 38.2-3304 38.2-3305 38.2-3306 38.2-3307 38.2-3308 38.2-3309 38.2-3310 38.2-3311 38.2-3312 38.2-3313 38.2-3314 NextLast modified: April 3, 2009