Which statement about the incontestable clause is true? I. It protect

Which statement about the incontestable clause is true?

I. It protects the beneficiary if the insurer tries to deny a claim years after the policy is issued.
II. If protects the insurer from having to pay a claim during the first two years if the insured made a material misrepresentation or concealed material information in the application.
A) I only
B) II only
C) both I and II
D) neither I nor II

ANSWER

Answer: C