24-A §2615. Incontestability - Maine Statutes

Title 24-A: MAINE INSURANCE CODE

Chapter 31: GROUP LIFE INSURANCE

§2615. Incontestability

1. The group life insurance policy shall contain a provision that the validity of the policy shall not be contested, except for nonpayment of premium, after it has been in force for 2 years from its date of issue; and that no statement made by any person insured under the policy relating to his insurability may be used in contesting the validity of the insurance with respect to which such statement was made after such insurance has been in force prior to the contest for a period of 2 years during such person's lifetime nor unless it is contained in a written instrument signed by him; provided, that no such provision may preclude the assertion at any time of defenses based upon provisions in the policy which relate to eligibility for coverage.

[ 1981, c. 150, §18 (AMD) .]

2.

[ 1981, c. 150, §19 (RP) .]

SECTION HISTORY

1969, c. 132, §1 (NEW). 1981, c. 150, §§18,19 (AMD).