Okla. Stat. tit. 36, § 36-4018
This is the official text of Okla. Stat. tit. 36, § 36-4018, part of Oklahoma’s Stat. tit. 36, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 36,." Browse the sections below, each linked to its official government source.
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Incontestability; annuities
Official statutory text
If any statements, other than those relating to age, sex and
identity are required as a condition to issuing an annuity or pure
endowment contract, other than a reversionary, survivorship, or
group annuity, and subject to Section 4020 of this article, there
shall be a provision that the contract 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 (2) years from its date of issue, except for nonpayment of
stipulated payments to the insurer; and at the option of the insurer
such contract may also except any provisions relative to benefits in
the event of disability and any provisions which grant insurance
specifically against death by accident or accidental means.
identity are required as a condition to issuing an annuity or pure
endowment contract, other than a reversionary, survivorship, or
group annuity, and subject to Section 4020 of this article, there
shall be a provision that the contract 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 (2) years from its date of issue, except for nonpayment of
stipulated payments to the insurer; and at the option of the insurer
such contract may also except any provisions relative to benefits in
the event of disability and any provisions which grant insurance
specifically against death by accident or accidental means.
Status: in_force · Read it on the official government site
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