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Tag: Life Insurance Contestability Period

  • What Is Life Insurance Contestability Period

    What Is Life Insurance Contestability Period

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    The life insurance contestability period is a crucial time that greatly impacts the insurance process, ultimately affecting both policyholders and beneficiaries. This time frame usually lasts for the first two years after a policy is issued. This allows insurance companies to look into and refute claims made using the data submitted during the application process.…