Incontestable Claims. An “Incontestable Claim” is a claim for benefits that falls outside of the period of time during which the Ceding Company may challenge the validity of the Policy.
Appears in 4 contracts
Samples: Reinsurance Agreement (Ameritas Variable Separate Account V), Automatic Yrt (Nationwide Vli Separate Account 4), Automatic and Facultative Yrt (Penn Mutual Variable Life Account I)