Explain the advantages of the incontestability clause in life insurance from societys standpoint.

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Explain the advantages of the incontestability clause in life insurance from society’s standpoint.

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Introduction to Risk Management and Insurance

ISBN: 978-0131394124

10th edition

Authors: Mark S. Dorfman, David Cather

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Question Posted: Dec 07, 2015 06:14 AM

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Explain the advantages of the incontestability clause in life insurance from societys standpoint.

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On the surface the incontestability clause appears to accept and validate undetected fraudulent appl...View the full answer

Introduction to Risk Management and Insurance

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