Alaska Statutes (Last Updated: January 11, 2017) |
Title 21. INSURANCE. |
Chapter 21.45. LIFE INSURANCE AND ANNUITIES. |
Section 21.45.160. Excluded or restricted coverage.
Latest version.
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A clause in a policy of life insurance stating that the policy shall be incontestable after a specified period precludes only a contest of the validity of the policy and does not preclude the assertion at any time of defenses based upon provisions in the policy that exclude or restrict coverage, whether or not the restrictions or exclusions are excepted in such clause.
Notes
History
(Sec. 1 ch 120 SLA 1966)