Ark. Code § 23-81-114

Current with legislation from 2024 effective through May 3, 2024.
Section 23-81-114 - Life insurance - Excluded or restricted coverage clauses limited

A clause in any policy of life insurance providing that the policy shall be incontestable after a specified period shall preclude only a contest of the validity of the policy. Such a clause 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.

Ark. Code § 23-81-114

Acts 1959, No. 148, § 323; A.S.A. 1947, § 66-3314.