Before applying for contestability, you have to check your eligibility and that can be done with your existing retailer.
The eligibility criteria for contestability are 1. Supply comes under non-commercial sector 2. Average monthly consumption is above 10,000kWh if the company is in a single location 3. Average monthly consumption is collectively above 8000kWh if the company is in multiple locations
If you are talking about the contestability clause, it can be found towards the front of the policy. It is a 2year period.
Generally, EMA notifies you when you are eligible for contestability. The main factor for your contestability is the power consumption of your company. If your company has a single site that consumes 10,000kWh of power every month, then you are eligible. In the case of a company having multiple sites, if the company collectively consumes 8000kWh of power on average, then it is eligible.
The Contestability Period in a life insurance policy is usually two years. You can find this by looking at the "Incontestable Clause" in your life insurance policy The Incontestable Clause states that after the life insurance policy is in force for two years, the insurance company cannot void it because of misrepresentation or concealment by the insured in obtaining the policy.
If the insurance policy is older than two years of contestability period, then a benefit will be paid to the beneficiary.
Most life insurance policies have a two year contestability period. If death occurs by suicide within the first two years, the claim would not be valid and would not be paid. If the contestability period has expired, the claim should be paid as any other cause of death would.
if life insurance policy passed the contestability period, benefits will be paid at insured's death.
Photo finishing is considered useful as it removes the element of contestability from sports such as horse racing or Olympic sports, where large amounts of money are placed on speculative gambling.
The suicide clause is part of a 2 year period of contestability that all life insurance policies have in their contracts. This is to prevent fraud.
5000 contestability period is two years
Authentic certificate or Appraisal certificate