Is the 2 year incontestability period on life insurance absolute even when there was fraud about medical history and income on the application?

Question Details: My husband recently passed away from a terminal illness. More than 2 years before his death, he applied for and received a sizable term-life policy, naming me as beneficiary. However, he lied on the insurance application. First, his illnesses had already been diagnosed,but he answered "No" to all questions about such an illness and he listed his general practitioner as his only doctor even though he was seeing specialists for his illness. Second, he falsified his income to qualify for a much larger policy. Since the 2 year contestability period expired before my husband's death, is the insurance company required to pay the death claim despite his frauds? If so, can they reduce the amount to what they would have approved for his actual income? If I submit the claim knowing now that my husband committed these frauds, can the insurance company take legal action against me?

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