A life policy has been in force well beyond its incontestable period. For which reason may the insurer still refuse to pay a death claim?
Explanation
Incontestability bars the insurer from voiding the policy over application misstatements after the contestable period, but it does not create coverage that never existed; if the policy had lapsed for nonpayment, there is nothing to pay. A post-issue change of hobby or beneficiary does not void a policy, and old application misstatements can no longer be contested.
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