There shall be a provision that the validity of the policy shall not be contested, except for nonpayment of premiums, after it has been in force for two (2) years from its date of issue; and that no statement made by an individual insured under the policy relating to his insurability shall be used in contesting the validity of the insurance with respect to which such statement was made after such insurance has been in force prior to the contest for a period of two (2) years during such individual’s lifetime nor unless it is contained in a written instrument signed by him.
Effective: June 18, 1970
History: Created 1970 Ky. Acts ch. 301, subtit. 16, sec. 13, effective June 18, 1970.