Question: Life Insurance Claim

I need some expert opinions on our situation. My mother-in-law was experiencing chest pains in early 2022. She goes in and gets a few scans done. Nurse calls the next day and just says they “found something” want to bring her back in for a follow up. Unsure what the results of the follow up would be, that evening she gets a $500K 10 year term policy. She answered truthfully that she was a lifetime smoker and at that point had never been diagnosed with any cancer. Goes to her follow up 2 months later and is diagnosed with Stage 4 cancer. She just passed a few weeks ago, ~30 months after the policy was in force. Will the insurance company deny the claim even though it is after the 2 year contestability period? Any input would be greatly appreciated.

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I’ve been a life insurance agent for 20 years. Once 30 months pass after the policy is issued, you’re in the clear. The 2-year contestability period is over, so even if you lied about everything, they still have to pay. Just relax and submit your claim.

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Depends on the company and state, but you’re probably in the clear.

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I’m sorry for your loss. If she answered honestly, there shouldn’t be any issues. This is a good reminder to get insurance while you’re young and healthy. I hope you and your husband have coverage in place.

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We are in Arkansas. The insurance company is EMC National?

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It sounds like she didn’t answer truthfully since further testing was recommended and not complete. Shouldn’t matter after 2 years tho.

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Thank you for the response!

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Wow, your mother in law was a very shrewd lady. Please keep us updated on how the claim goes!