The National Directory of Certified Public Accountants

Ask A CPA - Insurance

In The Insurance Industry , What Is An Incontestable Clause ?

An Incontestable Clause is a clause in a life insurance policy which gives the insurer the right to contest the validity of a policy due to such things as misstatements on the application It is usually issued within 2 years of issuance.

If you need professional help with "Insurance" or have other tax questions, we can help you find a local licensed CPA for a free, no-obligation consultation.