Current with changes from the 2024 legislative session through ch. 845
Section 38.2-3305 - IncontestabilityA. Each individual life insurance policy shall contain a provision that the policy shall be incontestable after it has been in force during the lifetime of the insured for two years from its date of issue except for nonpayment of premiums.B. Provisions relating to benefits in event of disability, and provisions granting additional insurance specifically against death by accident or accidental means, may be excepted in the incontestability provision.Code 1950, § 38-371(3); 1950, p. 179; 1952, c. 317, § 38.1-394; 1986, c. 562.Amended by Acts 1986, § c. 562.Amended by Acts 1952, § c. 317, § 38.1-394.Amended by Acts 1950, § p. 179.