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term:

Incontestability Clause

incontestability clause n

: a clause in an insurance policy that forbids the insurer from disputing the policy (as on the ground that the insured made false statements) after a set period of time

Source: Merriam-Webster’s Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.
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