31A-22-514 - Incontestability.
31A-22-514. Incontestability.
The group life insurance policy shall contain a provision that the validity of the policymay not be contested, except for nonpayment of premiums, after it has been in force for twoyears from its date of issue. This provision shall also state that no statement made by any personinsured under the policy relating to his insurability may be used in contesting the validity of theinsurance with respect to which the statement was made after the insurance has been in force,prior to the contest, for a period of two years during the person's lifetime, nor may the statementbe used unless it is contained in a written instrument signed by him. This type of provision doesnot preclude the assertion of defenses based upon provisions in the policy which relate toeligibility for coverage.
Enacted by Chapter 242, 1985 General Session