A non-contestability clause, also known as an incontestability or no-contest clause, is a provision in a person’s will that threatens to redistribute inheritance if beneficiaries contest the will.
How do you use contestable in a sentence?
The employee says that it was constructive dismissal, which is highly contestable. Thirdly, he adduces the existence of unscrupulous operators who are profiting from a situation that he believes is contestable. The situation is no more contestable or challengeable than that.
How do you spell contestability?
con·test′er n.
…
v.tr.
- To compete or strive for; struggle to gain or control: trade routes that were contested by competing cultures.
- To call into question and take an active stand against; dispute or challenge: contest a will. See Synonyms at oppose.
- Sports To defend against (a shot), as in basketball.
What is an example of contestability?
Contestability occurs when particular interpretations about the past are open to debate, for example, as a result of a lack of evidence or different perspectives, with debate often remaining intractable. Some students might question the value of a discipline that seems incapable of producing ‘the truth’.
What is contestability period?
The contestability period is a clause in a life insurance policy according to which if the policyholder expires within two years of purchasing the policy, the insurance company can contest or question the claim raised by his/her beneficiaries.
What is the mean of fundamental?
1a : serving as a basis supporting existence or determining essential structure or function : basic Responsibility is fundamental to democracy. The Constitution ensures our fundamental rights. b : serving as an original or generating source : primary a discovery fundamental to modern computers.
What are contestable works?
Contestable works are the elements of the connections work which can be undertaken by an ICP or IDNO rather than WPD. Non-contestable works are the elements of the connections work which must be completed by WPD or our appointed agents.
What is a contestability clause?
Contestable Clause — the portion of a life insurance policy setting forth the conditions under which an insurer may contest or void the policy.
What is a contestable claim?
The contestable claim is a life insurance policy that has ages less than two years when an insured dies. A non-contestable claim is a policy that cannot be investigated by the insurer because the policy is more than two years old when the insured dies.
What does Consible mean?
1 : a high officer of a royal court or noble household especially in the Middle Ages. 2 : the warden or governor of a royal castle or a fortified town. 3a : a public officer usually of a town or township responsible for keeping the peace and for minor judicial duties.
What is contestable consumer?
Contestable Consumer. a consumer who is, in accordance with the Electricity Act, eligible to purchase electricity: (a) from a Retailer; (b) directly from any Wholesale Electricity Market; or.
What is feasibly mean?
1 : capable of being done or carried out a feasible plan. 2 : capable of being used or dealt with successfully : suitable. 3 : reasonable, likely gave an explanation that seemed feasible enough.
What is contestable and non-contestable work?
Contestable Works: Connection works that can be carried out by NIE Networks or by an accredited Independent Connections Provider (ICP). … Non-Contestable Works: Connection works that can only be carried out by NIE Networks for the safety and security of the distribution network.
What is non-contestable consumer?
Non-contestable consumers do not have any choice as to where they purchase their electricity from. … Contestable consumers, on the other hand, can choose to purchase electricity from licensed retailers, or from the NEMS, depending on which suits their consumption patterns best.
What is an ICP Idno?
An Independent Connection Provider (ICP) is an accredited company that carries out works on behalf of clients on the electricity network. These networks are normally owned by either a Distribution Network Operator (DNO) or an Independent Distribution Network Operator (IDNO).
What are the 5 fundamental principles?
Research the meaning of the five fundamental political principles: consent of the governed, limited government, rule of law, democracy, and representative government.
What is fundamental skill?
1. the ability that is necessary in order to perform a task or understand an idea because it is a foundation for other skills or ideas. 2. a basic ability usually considered necessary for competent functioning in society (e.g., reading, basic mathematics, essential communication skills).
What is the basic truth?
Fundamental is defined as something that is basic or essential. The most basic underlying truth of a religion is an example of a fundamental truth. The definition of fundamental is a basic truth or law. Freedom is an example of a fundamental of the American ideal.
What reasons will life insurance not pay?
If you die while committing a crime or participating in an illegal activity, the life insurance company can refuse to make a payment. For example, if you are killed while stealing a car, your beneficiary won’t be paid.
What is the 2 year rule in life insurance?
Life insurance policies have a two-year contestable period. This means if you die within this period, the company may investigate the cause of death and review your application. If you die after two years of buying the policy, the company must pay the death benefit.
What happens after contestability period?
After the contestability period ends, life insurance coverage is usually considered incontestable. This means your beneficiary will usually receive the coverage amount as long as the coverage was in force. Some policies have exclusions, or situations in which a benefit may not be paid.
What are the seven key concepts in history?
In History the key concepts are sources, evidence, continuity and change, cause and effect, significance, perspectives, empathy and contestability. They are integral in developing students’ historical understanding.
What are the features of evidence in history?
In other words, evidence is just one aspect of a historical source. Other aspects include: type of source, author, date, purpose, motive, perspective, language etc.