Exam Life-Producer Topic 1 Question 53 Discussion

Actual exam question for Maryland Insurance Administration's Life-Producer exam
Question #: 53
Topic #: 1
A life insurance policy becomes incontestable after it has been in force for:

Suggested Answer: C Vote an answer

Comprehensive and Detailed Step by Step Explanation:Theincontestability clauseprevents insurers from voiding a policy after a specified period, except in cases of fraud or non-payment of premiums:
* 2 years (C):Maryland law mandates a maximum incontestability period of two years. After this period, the insurer cannot deny claims due to misstatements on the application.
* 30 days (A) and 6 months (B):Too short for standard incontestability clauses.
* 3 years (D):Exceeds the Maryland limit.
References:Maryland Insurance Article ยง16-203, Incontestability Clause Guidelines, and COMAR 31.09.09.

by Augustine at Jul 08, 2026, 12:48 PM

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