Kentucky Health Insurance Practice Exam

Question: 1 / 400

How long does the Incontestability clause last in a health insurance policy?

One year

Two years

The Incontestability clause in a health insurance policy typically lasts for two years. This provision serves to protect policyholders by ensuring that after the two-year period, the insurer cannot contest the validity of the policy based on misstatements or omissions made in the application.

During this two-year period, the insurer has the right to cancel the policy or deny a claim if they discover any inaccuracies or fraudulent statements made by the insured. This helps maintain the integrity of the underwriting process, allowing insurers to evaluate the risk accurately based on the information provided at the time of application.

Once the two years have passed, the insurer is bound by the terms of the contract, providing peace of mind to policyholders that their coverage cannot be revoked or denied based on earlier statements, except in cases of non-payment of premiums or other violations of the policy terms.

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Three years

Five years

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