Wyoming Statutes

§ 26-16-501 — Incontestability and limitation of liability after reinstatement

Wyoming § 26-16-501
JurisdictionWyoming
Title 26Insurance Code
Ch. 16LIFE INSURANCE AND ANNUITY CONTRACTS

This text of Wyoming § 26-16-501 (Incontestability and limitation of liability after reinstatement) is published on Counsel Stack Legal Research, covering Wyoming primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Wyo. Stat. Ann. § 26-16-501 (2026).

Text

(a)A reinstated life insurance policy or annuity contract may be contested because of fraud or misrepresentation of facts material to the reinstatement only for the same period following reinstatement and with the same conditions and exceptions as the policy provides for contestability after original issuance.
(b)If any life insurance policy or annuity contract is reinstated, the reinstated policy or contract may exclude or restrict liability to the same extent that the liability could have been or was excluded or restricted when the policy or contract was originally issued. The exclusion or restriction is effective from the date of reinstatement.

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Bluebook (online)
Wyoming § 26-16-501, Counsel Stack Legal Research, https://law.counselstack.com/statute/wy/16/26-16-501.