There shall be a provision that the validity of the policy shall not be contested, except for nonpayment of premiums, after it has been in force for two (2) years from its date of issue; and that no statement made by an individual insured under the policy relating to his insurability shall be used in contesting the validity of the insurance with respect to which such statement was made after such insurance has been in force prior to the contest for a period of two (2) years during such individual's lifetime nor unless it is contained in a written instrument signed by him.
KRS 304.16-130
Incontestability
Known as the Group Life Insurance Law
The act spans §§ 304.16-010 to 304.16-230 (26 sections).
Applied in 1 court decision — leading case Baseheart v. Life Insurance Co. of North America (1997)
Most recently applied in Baseheart v. Life Insurance Co. of North America (April 1997)
Effective: June 18, 1970 History: Created 1970 Ky
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.