§ 23-81-129 - Incontestability of life insurance policy or annuity contract after reinstatement.
23-81-129. Incontestability of life insurance policy or annuity contract after reinstatement.
The reinstatement of any policy of life insurance or annuity contract delivered or issued for delivery in this state may be contested on account of fraud or misrepresentation of facts material to the reinstatement only for the same period following reinstatement and with the same conditions and exceptions as the policy provides with respect to contestability after original issuance.