Incontestability provisions after reinstatement of life insurance policy or annuity contract.

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58-15-68. Incontestability provisions after reinstatement of life insurance policy or annuity contract.

A reinstated policy of life insurance or annuity contract may be contested on account of fraud or misrepresentation of facts material to the reinstatement only for the same period following reinstatement and with the same conditions and exceptions as the policy provides with respect to contestability after original issuance.

Source: SL 1966, ch 111, ch 23, §31 (1).


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