United States — Maine Act or statute

United States — Maine legislation

Maine Revised Statutes, Title 24-A, § 2516: Excluded or restricted coverage, 1969

An incontestability clause in a life insurance policy or annuity contract limits contests only to the validity of the policy or contract.

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01

Purpose and legislative effect

“An incontestability clause in a life insurance policy or annuity contract limits contests only to the validity of the policy or contract.”

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02

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    Enacted 1969 · Source version 1 Oct 2025. The date shown identifies this source expression and should not be treated as proof that no later change exists.

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Excluded or restricted coverage

An incontestability clause in a life insurance policy or annuity contract limits contests only to the validity of the policy or contract.

Section 2516

04

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Source record from legislature.maine.gov · Enacted 1969 · Source version 1 Oct 2025

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Showing 1 of 1 provisions

Provision
§ 2516Excluded or restricted coverageProvision

An incontestability clause in a life insurance policy or annuity contract limits contests only to the validity of the policy or contract.

A clause in any policy of life insurance policy or annuity contract providing that such policy or contract shall be incontestable after a specified period shall preclude only a contest of the validity of the policy or contract, and shall not preclude the assertion at any time of defenses based upon provisions in the policy or contract which exclude or restrict coverage, whether or not such restrictions or exclusions are excepted in such clause. [PL 1969, c. 132, §1 (NEW).]
Section 2516Verify source

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  • 1 Oct 2025 · currentEnglish

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