Section 45 of the Insurance Act
Regulation & taxAlso called: Three-year rule
The provision barring a life policy from being called in question after three years from the policy, the commencement of risk, a revival or a rider — whichever is later.
In plain terms
After three years the argument is over on any ground, including fraud. The detail that catches families is the starting point: a lapse and revival restarts the clock.