Life insurance comes with a fine-print catch: the contestability period. For the first couple of years, your insurer can play detective — and deny your claim if something doesn’t add up.

A life insurance policy is a contract between a policyholder and an insurance company that pays out a death benefit when the ...

Life insurance beneficiaries can choose how to receive the policy’s death benefit. Learn about the payout options, claims ...

Some misrepresentations of facts are grounds for denying or reducing a death claim, even if they’re discovered after the contestability period. For example, if the insurer learned that the ...

However, if an insured passed away within two years of taking out the policy, the insurance company may delay paying to investigate the claim. This is called the "contestability clause." ...

The contestability period refers to the first two years of the life insurance policy which your insurer can contest or deny claims for misrepresentation on your application. For example ...