An Incontestability Clause Ordinarily Bars Contest of the Validity of a Life

question 26

Multiple Choice

An incontestability clause ordinarily bars contest of the validity of a life insurance policy by the insurer after the lapse of:

• A) sixty (60) days.
• B) one (1) year.
• C) two (2) years.
• D) ninety (90) days.

---

Definitions:

Ladder Logic

A programming methodology utilizing symbols resembling electrical relay diagrams to control industrial and mechanical processes.

I/O Points

Reference to Input/Output points on a device like a PLC, where external devices are connected for data exchange.

Memory Size

The total amount of data storage capacity available in a memory unit or system.

Plug-In Compartments

Designed sections within an electronic device that allow for easy insertion and removal of components or modules.