A reinstated policy of life insurance may be contested on account of fraud or misrepresentation of facts material to the reinstatement only for the same period following reinstatement and with the same conditions and exceptions as the policy provides with respect to contestability after original issuance.
History. Code 1933, § 56-2510, enacted by Ga. L. 1960, p. 289, § 1.
Law reviews.
For note, “Incontestability Clauses in Georgia Insurance Contracts,” see 13 Ga. L. Rev. 850 (1979).
Structure Georgia Code
§ 33-25-1. “Contract of Life Insurance” Defined
§ 33-25-3. Required Policy Provisions Generally
§ 33-25-4. Required Nonforfeiture Provisions
§ 33-25-5. Inclusion of Provisions Excluding or Restricting Liability for Death
§ 33-25-6. When Issuance of Participating and Nonparticipating Policies Permissible
§ 33-25-7. Effect of Incontestable Clause
§ 33-25-10. Payment of Interest on Proceeds or Payments Under Policies
§ 33-25-12. Contesting of Policy After Reinstatement
§ 33-25-14. Unclaimed Life Insurance Benefits; Purpose; Definitions; Insurer Conduct