L&HNJmedium
Under New Jersey's mandatory life provisions, after how long does a life insurance policy generally become incontestable except for non-payment of premium?
A6 months from issue
B1 year from issue
C5 years from issue, including any period during which the policy may have lapsed and later been reinstated
2 years from issue while in force during the insured's lifetime
Why this is the answer
N.J.S.A. 17B:25-3 requires every NJ life policy to become incontestable after 2 years in force during the insured's lifetime, except for non-payment of premium. After that window, the insurer cannot rescind for material misrepresentation.
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