KRS 304.15-270: Incontestability, limitation of liability after reinstatement.

(1) A reinstated policy of life insurance or annuity contract may be contested on

account of fraud or misrepresentation of facts material to the reinstatement only for

the same period following reinstatement and with the same conditions and

exceptions as the p olicy provides with respect to contestability after original

issuance.

(2) When any life insurance policy or annuity contract is reinstated, such reinstated

policy or contract may exclude or restrict liability to the same extent that such

liability could h ave been or was excluded or restricted when the policy or contract

was originally issued, and such exclusion or restriction shall be effective from the

date of reinstatement.