Oregon Code § 743.258·Enacted ·Last updated March 01, 2026
Statute Text
Incontestability.
If any statement other than those relating to age, sex and identity are
required as a condition to issuing an annuity or pure endowment policy, the
policy shall contain a provision that the policy shall be incontestable after
it has been in force during the lifetime of the person or of each of the
persons as to whom such statements are required, for a period of two years from
its date of issue, except for nonpayment of stipulated payments to the insurer.
At the option of the insurer the two year limit within which the policy may be
contested shall not apply to any provisions relative to benefits in the event
of disability and any provisions which grant insurance specifically against
death by accident or accidental means. [1967 c.359 §406]
Plain English Explanation
This Oregon statute addresses Incontestability. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 743.258
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Incontestability. Read the full statute text above for details.
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