how does it protect consumers 
errors are easy to make when applying for life insurance conventional rules for contracts stipulate that if false or incomplete information was provided by one party when making the contract then the second party has the right to void or cancel the agreement an insurance company will often require a complete medical history before the policy is approved if an applicant forgets a single detail the insurance company has potential grounds to deny paying life insurance benefits later on the incontestability clause prevents this from happening 