Arkansas Life and Health Insurance Practice Exam

The Time Limit on Certain Defenses (Incontestable) period is how many years under individual health and disability contracts?

1. 1

2. 2

3. 3

4. 4

The correct answer is: 2

The Time Limit on Certain Defenses (Incontestable) period under individual health and disability contracts is typically 2 years. During this period, the insurer is limited in their ability to contest the policy based on misrepresentation or concealment by the insured. This timeframe provides a level of security to the policyholder once the initial two years have passed. Options A, C, and D are incorrect as they do not align with the typical 2-year Incontestable period for individual health and disability contracts in Arkansas.