Questions: The life insurance policy clause that prevents an insurance company from denying payment of a death claim after a specified period of time is known as the A. Insuring clause. B. Incontestability clause. C. Misstatement of Age clause. D. Reinstatement clause.

The answer is B: the Incontestability clause.

Explanation for each option:

A. Insuring clause: This clause is typically found at the beginning of a life insurance policy and outlines the basic agreement between the insurer and the insured. It specifies the insurer's promise to pay the death benefit to the beneficiaries upon the death of the insured, provided that the premiums are paid and the policy is in force. However, it does not address the prevention of denying payment after a specified period.

B. Incontestability clause: This clause is designed to protect the policyholder and beneficiaries by preventing the insurance company from denying a claim based on misstatements or omissions in the application after a specified period, usually two years. Once this period has passed, the insurer cannot contest the policy except in cases of fraud.

C. Misstatement of Age clause: This clause addresses situations where the insured's age was misstated on the application. If the age was misstated, the insurance company will adjust the death benefit to reflect what the premiums would have purchased at the correct age. It does not prevent the denial of a death claim after a specified period.

D. Reinstatement clause: This clause allows a policyholder to reinstate a lapsed policy under certain conditions, such as paying back premiums and providing evidence of insurability. It does not relate to the prevention of denying payment of a death claim after a specified period.

Therefore, the correct answer is B: the Incontestability clause.