lang: en_US

Q&A: What is the “contestability period'' on a life insurance policy?

Ali Katz


Q & A:



Q: What is the “contestability period'' on a life insurance policy?

—New Beneficiary




A: Dear Beneficiary:

Most life insurance policies contain a contestability period. Such periods are typically between one to two years, and if the insured dies during this period, the insurance company can investigate the claim to ensure that the policyholder didn’t commit fraud on the policy application by lying about underlying health problems, family medical history, or other conditions.

That said, provided the insurance company doesn’t discover fraud or other issues with the application, it will most likely pay the claim once the investigation is wrapped up.

While collecting life insurance proceeds is typically a fairly easy process, don’t hesitate to reach out to a Personal Family Lawyer® if you have questions or need support in any way.