Common use of Time Limit on Certain Defenses Clause in Contracts

Time Limit on Certain Defenses. (a) After two years from the Effective Date of this Policy, no misstatement of a Covered Person, except a fraudulent misstatement made in the application, shall be used to void this Policy. After two years from the Effective Date of the coverage with respect to any claim which is made, no misstatement of a Covered Person, except a fraudulent misstatement contained in a written instrument signed by a Covered Person, shall be used to deny a claim for loss incurred commencing after expiration of such two years.

Time Limit on Certain Defenses. (a) After two years from the Effective Date date of issue of this Policypolicy, no misstatement of a Covered Personmisstatements, except a fraudulent misstatement misstatements, made by the applicant in the application, application for such policy shall be used to void this Policy. After two years from the Effective Date of the coverage with respect to any claim which is made, no misstatement of a Covered Person, except a fraudulent misstatement contained in a written instrument signed by a Covered Person, shall be used policy or to deny a claim for loss incurred commencing incurred, after the expiration of such two yearsyear period.