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Health and Life Insurance

Category - Annuities & Policies

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When a policy has an incontestable clause, this usually remains in effect for how long?

1 year
2 years
5 years
7 years

Explanation

Answer: B - For most states, an incontestable clause is in effect for two years. An incontestable clause declares that after the policy has been in force for a certain length of time it can no longer be contested or voided by the company. This excludes non-payment of premiums.

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