A clause in any policy of life insurance providing that such policy shall be incontestable after a specified period shall preclude only a contest of the validity of the policy, and shall not preclude the assertion at any time of defenses based upon provisions in the policy which exclude or restrict coverage, whether or not such restrictions or exclusions are excepted in such clause.
NRS 688A.170
Excluded or restricted coverage
Known as the Standard Nonforfeiture Law
The act spans §§ 688–688 (62 sections).
(Added to NRS by 1971, 1731)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.