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Incontestability clause
A Provision in a life Insurance policy that prevents the Insurer from revoking Coverage because of alleged misstatements by the Insured after a specified period, usually about two years. Of course, this is not a license to commit fraud, and the discovery of Fraud will lead the company to contest any claims and possibly pursue criminal Charge .
Related Terms: 17
Charge , Coverage , Claim , Cover , ECI , Fraud , FRA , Insurance , Insurance policy , Insured , Insurer , Life insurance , Leg , Policy , Provision , Sue , Test
Semi Related Terms: 554 CLICK HERE TO VIEW
10-K ,
Account statement ,
Average collection period ,
Accrual of discount ,
After-tax basis ,
Amortization of premium ,
At par ,
All or any part ,
At best ,
At call ,
Accommodative monetary policy ,
Adjustable life insurance ,
All-risks coverage ,
At risk ,
Add-on service ,
Abstract of title ,
Action to quiet title ,
Affinity fraud ,
As is ,
Assignment to creditors ,
Attorney in fact ,
After acquired clause ,
After-acquired collateral ,
Annual mortgagor statement ,
Assignment of mortgage ,
Average life ,
A shares ,
Average price per share ,
At the money ,
After-tax contributions ,
Age-weighted plan ,
Across the board ,
Additional paid-in capital ,
Ad valorem ,
After-tax ,
After-hours trading ,
Against the box ,
At the bell ,
At the close ,
At the figure ,
At the full ,
At the market ,
At the opening order ,
Automated Pricing and Reporting System ,
Away from the market ,
Below the line ,
Books of final entry ,
Books of original entry ,
Book value per share ,
Bank holding company ,
Banking Act of 1933 ,
Bid-to-cover ratio ,
Bureau of Public Debt ,
Brought over the wall ,
Buying on margin ,
Buy on close ,
Buy on opening ,
Buy the book ,
Basic earnings per share ,
Balance of payments ,
Base period ,
Base-year analysis ,
Board of Governors ,
Break-even analysis ,
Breaking the syndicate ,
Bill of exchange ,
Bill of sale ,
Breach of trust ,
By the book ,
Bailing out ,
B shares ,
Buy and write ,
Blackout period ,
Break-even tax rate ,
Breadth-of-market theory ,
Beat the gun ,
Calendar year ,
Charge ,
Combined financial statement ,
Commercial year ,
Common-size statement ,
Comparative statements ,
Consolidated financial statement ,
Cost Of Goods Sold ,
Cost of sales ,
Certificate of Participation ,
Committee on Uniform Securities Identification Procedures ,
Closed out ,
Code of procedure ,
Coverage ,
Coverage initiated ,
Capitalization of income ,
Cost of Living Adjustment ,
Cost-of-living index ,
Council of Economic Advisers ,
Carrying charge ,
Cash and carry trade ,
Chasing the market ,
Cheapest to deliver ,
Chicago Board of Trade ,
Crop year ,
Cash value life insurance policy ,
Casualty insurance ,
Catastrophic coverage ,
Chartered Life Underwriter ,
Claim ,
Convertible term insurance ,
Cost-of-living rider ,
Credit insurance ,
Credit life insurance ,
Certificate of stock ,
Cost of carry ,
Certificate of title ,
Cancellation of debt ,
Cash-out refinancing ,
Certificate of Claim ,
Charge card ,
Closing statement ,
Cost of debt capital ,
Cost of funds ,
Crowding out ,
Cure period ,
Controlled company ,
Closed-end investment company ,
Contingent deferred sales charge ,
C shares ,
Class of options ,
Close to the money ,
Certificate of Occupancy ,
Cloud on title ,
Class A Shares ,
Class B Shares ,
Crash of 1929 ,
Crash of 1987 ,
Cover ,
Child and dependent care credit ,
Coefficient of determination ,
Cup and handle ,
Certificate of delivery ,
Close a position ,
Close out ,
Cornering the market ,
Curbs in ,
Curbs out ,
Debt service coverage ,
Deferred charge ,
Deposit in transit ,
Date of issue ,
Date of payment ,
Division of Enforcement ,
Division of Investment Management ,
Division of Market Regulation ,
Do Not Reduce ,
Date of record ,
Distribution period ,
Dividend in arrears ,
Desk (the) ,
Division of labor ,
Decreasing term life ,
Disability insurance ,
Dual life insurance ,
Durable Power of Attorney ,
Date of maturity ,
Debtor in possession ,
Debtor-in-possession financing ,
Deed of Release ,
Deed of Trust ,
Discharge of bankruptcy ,
Discharge of lien ,
Due-on-sale clause ,
Deep in the money ,
Deep out of the money ,
Deed of Surrender ,
Department of Housing and Urban Development ,
Dogs of the Dow ,
Depth of market ,
Eurodollar certificate of deposit ,
Escrowed to maturity ,
Event risk ,
Easy monetary policy ,
ECI ,
E-mini ,
Exchange of spot ,
Export license ,
Excess insurance ,
Executive indemnity insurance ,
Ex-all ,
Employee Retirement Income Security Act of 1974 ,
Even lot ,
Even spread ,
Even up ,
Financial statement ,
First In First Out ,
Fiscal year ,
Fixed-charge coverage ratio ,
Federal Deposit Insurance Corporation ,
Federal Savings and Loan Association ,
Flight to quality ,
Flow of funds ,
Front-ending an order ,
Forward P/E ,
Fully diluted earnings per share ,
Factors of production ,
Favorable balance of trade ,
Fiscal policy ,
Forward cover ,
Form 8-K ,
Form S-1 ,
Friends and family offering ,
Fraud ,
Finance charge ,
Finance company ,
FRA ,
Full faith and credit ,
Family of funds ,
Fund of funds ,
Finite-life REIT ,
Free and clear ,
Federal Insurance Contributions Act ,
Free right of exchange ,
G-7 ,
General Agreement on Tariffs and Trade ,
G-8 ,
Grace period ,
Group insurance ,
Growth and income fund ,
Gather in the stops ,
Hart-Scott-Rodino Act of 1976 ,
Hit the bid ,
House of issue ,
Hazard insurance ,
Health insurance ,
Health Insurance Portability and Accountability Act ,
Holding company ,
Holder in due course ,
Hang out loan ,
Home equity line of credit ,
HUD-1 statement ,
Holding period ,
Head and shoulders ,
Hammering the market ,
Held at the opening ,
Holding the market ,
Income statement ,
Interim statement ,
Insured account ,
In escrow ,
Insured bond ,
In-house ,
Investment Advisor Act of 1940 ,
Investment Company Act of 1940 ,
Income coverage ,
In line ,
Individual policy pension trust ,
Insurance ,
Insurance agent ,
Insurance broker ,
Insurance carrier ,
Insurance claim ,
Insurance examiner ,
Insurance policy ,
Insurance premium ,
Insured ,
Insurer ,
Insider Trading sanctions Act of 1984 ,
Internal Rate of Return ,
Indication of interest ,
In intestacy ,
Insured mortgage ,
In play ,
In-process research and development ,
Investment company ,
Investment policy ,
I/O strip ,
In-service withdrawal ,
Imbalance of orders ,
In and out ,
In sympathy ,
In the tank ,
Jointly and severally ,
Jumping the gun ,
Joint will ,
Joint and several liability ,
Joint and survivor annuity ,
Joint life annuity ,
Joint Stock Company ,
Knock-out option ,
Last In First Out ,
Lender of last resort ,
Law of one price ,
Lead manager ,
Lead underwriter ,
Lending at a rate ,
Limit-on-close order ,
Law of demand ,
Law of supply ,
London International Financial Futures and Options Exchange ,
Limited company ,
Level premium insurance ,
Level term insurance ,
Life expectancy ,
Life insurance ,
Long-term care insurance ,
Letter of comment ,
Liquidity event ,
Lockup period ,
Legal age ,
Living will ,
Line of credit ,
Loan-to-cost ,
Loan-to-value ,
Lock-in ,
Leg ,
Long leg ,
Life annuity ,
Life expectancy method ,
Leading the market ,
Limited Liability Company ,
Locked in ,
Level I quotes ,
Mutual company ,
Municipal bond insurance ,
Municipal Bond Insurance Association ,
Make a market ,
Market if touched order ,
Market on close order ,
Mark-to-market ,
Medium of exchange ,
Marginal propensity to consume ,
Monetary policy ,
Major medical insurance ,
Master policy ,
Mortgage life insurance ,
Make whole provision ,
Money at call ,
Management company ,
Negotiable certificate of deposit ,
Negotiable Order of Withdrawal ,
Notice of Sale ,
National Association of Securities Dealers ,
National Association of Securities Dealers Automated Quotations system ,
No limit order ,
No quote ,
Notice period ,
Named peril coverage ,
No-Fault ,
Nonparticipating life insurance policy ,
No-Action Letter ,
Null and void ,
No-lien affidavit ,
Notice of Default ,
No-load ,
National Association of Real Estate Investment Trusts ,
Non-insured plan ,
Normal retirement age ,
No-load stock ,
No book ,
Off the books ,
One time charge ,
Office of Thrift Supervision ,
Out-of-favor ,
Over-the-Counter ,
On-floor order ,
On margin ,
Offshore company ,
Opinion of title ,
On account ,
On-the-spot loan ,
Open-end management company ,
Out of the money ,
Old age, survivors, and disability insurance ,
On-balance volume ,
On close ,
On open ,
On the opening ,
Pooling of interests ,
Pre-depreciation profit ,
Pre-tax profit margin ,
Profit and loss statement ,
Pro forma ,
Payment-in-kind security ,
Preliminary official statement ,
Premium over bond value ,
Premium over conversion value ,
Price Value of a Basis Point ,
Put provision ,
P&L ,
Primary earnings per share ,
Provision for income taxes ,
Pacific Rim ,
Participating insurance ,
Policy ,
Policy limit ,
Policy loan ,
Policy surrender ,
Pre-existing conditions ,
Private Mortgage Insurance ,
Property damage coverage ,
Proxy statement ,
Public company ,
Per stirpes ,
Pour-over will ,
Power of Attorney ,
Provision ,
Prioritization of debt ,
Proxy contest ,
Paid-in capital ,
Paid-in surplus ,
Payback period ,
Percent held by institutions ,
Pre-syndicate bid ,
Private company ,
Private Investment in Public Equity ,
Portfolio insurance ,
Preservation of capital ,
Point-and-figure chart ,
Painting the tape ,
Priced out ,
Quiet period ,
Reports and Records ,
Return of capital ,
Return on Capital ,
Return on Invested Capital ,
Return on Total Assets ,
Reading the tape ,
Regulation D ,
Regulation G ,
Regulation T ,
Regulation U ,
Round of funding ,
Rules of Fair Practice ,
Rate of exchange ,
Reciprocal of European terms ,
Regulated investment company ,
Reduced paid-up insurance ,
Replacement cost insurance ,
Red herring ,
Registered Company ,
Registration Statement ,
Regulation A ,
Reverse Take-Over ,
Right of first refusal ,
Right of rescission ,
Right to Know ,
Revolving line of credit ,
Right of recourse ,
Roll over ,
Rule of 78 ,
Redemption period ,
Right of redemption ,
Retirement Equity Act of 1984 ,
Return on Capital Employed ,
Rate of return ,
Real rate of return ,
Selling, General and Administrative Expenses ,
SG&A ,
Sales charge ,
Savings and Loan ,
Savings Association Insurance Fund ,
Sight letter of credit ,
S&L ,
State bank ,
Securities and Exchange Commission ,
Segregation of securities ,
Sell the book ,
Standard of living ,
Second-to-die insurance ,
Self insurance ,
Single-premium life insurance ,
Stock life insurance company ,
Survivorship insurance ,
Severally but not jointly ,
Statute of Limitations ,
Sue ,
Sale and leaseback ,
Satisfaction of debt ,
Scorched-earth policy ,
Staggered board of directors ,
Selling the spread ,
Short leg ,
Special use property ,
Single-life annuity ,
Surrender charge ,
Selling short against the box ,
Short cover ,
Shorting against the box ,
S Corporation ,
Subchapter M ,
Subchapter S Corporation ,
Schedule C ,
Securities Act of 1933 ,
Securities Acts Amendments of 1975 ,
Securities Exchange Act of 1934 ,
Securities fraud ,
Seek a market ,
S&P phenomenon ,
Stop and reverse ,
Stopped out ,
T-Bill ,
Term to maturity ,
Take a position ,
Two-sided market ,
Two-way market ,
Trailing P/E ,
Tight monetary policy ,
Term insurance ,
Title insurance ,
Tenancy by the entirety ,
Trust company ,
Termination Statement ,
Truth in Lending ,
Two-step mortgage ,
Tenancy at will ,
Title company ,
Top hat plan ,
The Street ,
Timing the market ,
Taxable event ,
Taxpayer Relief Act of 1997 ,
Tax Reform Act of 1986 ,
Tax Reform Act of 1993 ,
Test ,
Top out ,
Take a bath ,
Tick test ,
U.S. Government Agency Security ,
U.S. Savings Bond ,
U.S. Treasury ,
U.S. Treasury Bill ,
U.S. Treasury Bond ,
U.S. Treasury Note ,
U.S. Treasury Securities ,
Umbrella liability insurance ,
Underinsured motorist coverage ,
Uninsured motorist coverage ,
Universal life ,
Unit of trade ,
Unit of trading ,
Vanishing premium policy ,
Variable life ,
Variable universal life ,
Victim Impact Statement ,
Vesting period ,
Waiver of premium ,
Widow-and-orphan stock ,
W-2 Form ,
W formation ,
When, as, and if issued ,
Year-over-year ,
Year-To-Date ,
Yield to call ,
Yield to maturity ,
Yield to worst ,
Y shares