Can Someone Contest A Life Insurance Policy?

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   Steve Savant

   Syndicated Financial Columnist, Host of the weekly talk show Steve Savant's Money, the Name of the Game, Scottsdale Arizona

   A carrier can contest a death claim during the two year contestability period, even beyond that period for fraud. Some beneficiaries have contested the change in beneficiaries, not only by the policy owner, but by those given power of attorney to act on behalf of the policy owner. There have been cases where the policy owners will is in conflict with the stated policy benefices, resulting the parties contesting each others rightful position.

   Answered on September 14, 2013

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