Sentences with phrase «contestable policy in force»
Not exact matches
If the policy has been in force less than two years during the contestable period of the life insurance policy, then an insurance company may investigate the claim and then deny a claim for life insurance if suicide is the cause of death according to the NAIC.
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The life insurance policy involved must be with a reputable life insurance company and must have been in force past the suicide period and the contestable period.