Non-Contestability Clause


Non-Contestability Clause

1. A clause in an insurance contract giving the insurance company a certain, limited period of time during which it may contest a claim on the grounds of fraud or something similar. A non-contestability clause protects a policyholder from the risk of non-payment of a claim.

2. In a will, a clause forbidding beneficiaries from contesting the will. A non-contestability clause states that any contest of the will results in the contester's inheritance to other beneficiaries.