Most life insurance policies include this clause, limiting when insurers can void coverage for misstatements.
Contestability period often lasts 2 or 3 years, starting when the policy is purchased.
After that period, coverage generally can’t be voided for misstatements, though it doesn’t protect outright fraud.
In most states, misstated age or gender can’t void a policy, but death benefits may be adjusted.
Some states require the period be completed during the insured’s lifetime; insurers may refuse benefits if death occurs earlier.