33-25-7. Effect of incontestable clause.

Active

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

A clause in any policy of life insurance which provides that the policy shall be incontestable after a specified period shall preclude only a contest of the validity of the policy and shall not preclude the assertion at any time of defenses based upon provisions in the policy which exclude or restrict coverage, whether or not the restrictions or exclusions are excepted in the clause.

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

Code 1933, § 56-2509, enacted by Ga. L. 1960, p. 289, § 1.

For note, ‘‘Incontestability Clauses in Georgia Insurance Contracts,’’ see 13 Ga. L. Rev. 850 (1979).

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Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Text read from t33-ch23-65-(v25)-2020-pdf.pdf, Volume V25, 2020 edition, page 444; merge action: carried; file SHA-256 1cdfeaa4b73e.