Under the Time Limit on Certain Defenses Provision, a health insurance policy is incontestable after it has been in force for how long?

The Time Limit on Certain Defenses Provision establishes that after a health insurance policy has been in force for a specified period, typically two years, the insurer cannot contest claims based on misstatements or omissions made in the application, except in cases of fraud. This provision is designed to provide policyholders with a sense of security, ensuring that once the policy has been active for the designated time, they can rely on their coverage without fear of having claims denied due to past inaccuracies.

This two-year period is a standard that reflects a balance between the insurer's need to assess risk at the time of application and the policyholder's right to stability and protection once the policy is established. It encourages insurers to conduct thorough underwriting while also promoting accountability and trust in the insurance relationship.