2015 Code of Alabama
Title 27 - INSURANCE.
Chapter 15 - LIFE INSURANCE AND ANNUITY CONTRACTS.
Article 1 - General Provisions.
Section 27-15-15 - Effect of incontestability clause.
A clause in any policy of life insurance or annuity contract providing that such policy or contract shall be incontestable after a specified period shall preclude only a contest of the validity of the policy or contract and shall not preclude the assertion at any time of defenses based upon provisions in the policy or contract which exclude or restrict coverage, whether or not such restrictions or exclusions are excepted in such clause.
(Acts 1967, No. 181, p. 543; Acts 1971, No. 407, p. 707, §360.)Disclaimer: These codes may not be the most recent version. Alabama may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
