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 the insurability of the person shall 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 the person.
(Added to NRS by 1971, 1748)
Structure Nevada Revised Statutes
Chapter 688B - Group Life Insurance
NRS 688B.010 - Short title; scope.
NRS 688B.020 - "Wholesale life insurance" defined.
NRS 688B.040 - Provisions required in policy.
NRS 688B.060 - Incontestability.
NRS 688B.070 - Additional provisions required in policy.
NRS 688B.090 - Misstatement of age.
NRS 688B.100 - Payment of benefits.
NRS 688B.120 - Conversion on termination of eligibility.
NRS 688B.130 - Conversion on termination of policy.
NRS 688B.140 - Death pending conversion.
NRS 688B.150 - Information to debtor.
NRS 688B.160 - Notice as to right of conversion.
NRS 688B.170 - Readjustment of premium.
NRS 688B.180 - Application of dividends and rate reductions; applicability.