Incontestability Clause Not Valid, Insurer Says; 8th Circuit Should Reverse Ruling

(October 25, 2017, 8:06 AM EDT) -- ST. LOUIS — An insurance company is asking the Eighth Circuit U.S. Court of Appeals to reverse a decision by a district court and rule that it is not obligated to pay the beneficiary of a life insurance policy the full $150,000 death benefit because the insured misstated his age when he and his wife applied for the policy (Mary G. Yang v. Farmers New World Life Insurance Company, No. 17-1895, 8th Cir.)....