Question: Which statement about the incontestable clause is true? I. It protects the beneficiary if the insurer tries to deny a claim years after the policy

Which statement about the incontestable clause is true?

I. It protects the beneficiary if the insurer tries to deny a claim years after the policy is issued.

.

If protects the insurer from having to pay a claim during the first two years if the insured made a material misrepresentation or concealed material information in the application.

I only

II only

both I and II

neither I nor II

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