New Mexico § 59A-20-16 Incontestability; excluded or restricted coverage; after

New Mexico Statutes

§ 59A-20-16 — Incontestability; excluded or restricted coverage; after

New Mexico § 59A-20-16

Ch. 59AInsurance Code

Art. 20Life Insurance and Annuity Contracts

This text of New Mexico § 59A-20-16 (Incontestability; excluded or restricted coverage; after) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.M. Stat. Ann. § 59A-20-16 (2026).

Text

reinstatement.

A.A clause in any life insurance policy providing that the policy shall be incontestable after a specified period shall preclude only a contest of the validity of the policy, and shall not preclude the assertion at any time of defenses based upon provisions in the policy which exclude or restrict coverage, whether or not such exclusions or restrictions are excepted in such clause.

B.The reinstatement of a life insurance policy, whether heretofore or hereafter issued in this state, shall be incontestable after the same period following reinstatement and with the same conditions and exceptions, as provided in the policy with respect to incontestability thereof.

Free access — add to your briefcase to read the full text and ask questions with AI

reinstatement. A. A clause in any life insurance policy providing that the policy shall be incontestable after a specified period shall preclude only a contest of the validity of the policy, and shall not preclude the assertion at any time of defenses based upon provisions in the policy which exclude or restrict coverage, whether or not such exclusions or restrictions are excepted in such clause. B. The reinstatement of a life insurance policy, whether heretofore or hereafter issued in this state, shall be incontestable after the same period following reinstatement and with the same conditions and exceptions, as provided in the policy with respect to incontestability thereof.