38.2-3326 - Incontestability.

§ 38.2-3326. Incontestability.

A. Each group life insurance policy shall contain a provision that thevalidity of the policy shall not be contested, except for nonpayment ofpremiums, after it has been in force for two years from its date of issue.

B. The provision shall also state that no statement made by any personinsured under the policy relating to his insurability or the insurability ofhis insured dependents shall be used in contesting the validity of theinsurance with respect to which such statement was made:

1. After the insurance has been in force prior to the contest for a period oftwo years during the lifetime of the person about whom the statement wasmade; and

2. Unless the statement is contained in a written instrument signed by him.

(Code 1950, § 38-429(1); 1952, c. 317, § 38.1-425; 1986, c. 562.)