The contestable period is a specific time frame, typically one to two years from the policy start, during which the insurance company can investigate and potentially deny claims if they find errors or misrepresentations in the application.
The contestable period in a life insurance policy refers to the initial one to two years after the policy starts. During this time, the insurance company can thoroughly review the policyholder's application for any errors or misrepresentations. After this period, the insurer's ability to investigate claims for potential inaccuracies is significantly limited.