KRS 304.15-200: Incontestability -- Annuities.

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 KRS 304.15 -220, there shall be a pr ovision

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.