In the states of New York, New Jersey, and Massachusetts, insurance companies have two years from the date a life insurance policy is issued to contest its validity. This “contestability” period affords insurers the opportunity to investigate any potential misrepresentations on the insured’s policy application.
Monthly Archives: May 2016
Employees and their families often rely on their employer’s benefit plans to provide a variety of insurance protections, including life insurance, health insurance, accidental death and dismemberment, and other forms of insurance coverage.