Not many insurance companies will pay out if someone commits suicide. Euthanasia would have to be proved if that was the case. Often it cannot be proved and so it is deemed the person committed suicide. They do not because then there would be nothing stopping someone taking out insurance for $10M and then killing themselves. Most life insurance policies have a suicide exclusion to them.
An alternate answer: Euthanasia (Greek meaning 'well death') is legal in Oregon (Death With Dignity Act) and Washington, but Texas, Minnesota and other States are close to making Euthanasia legal under the human rights act. This would mean that one can choose (along with verification from doctors) that the patient in question has a lengthily and painful illness with no hope of survival or for the aged that are dying from a slow and painful death and to give patients such as this the dignity of passing away in the manner they so choose. Death by physician assisted suicide is not considered suicide and therefore should not affect the insurance policy. It is best to speak with your lawyer as far as any life insurance policies should a person choose euthanasia.
The following are the types of life insurance lawyers in wichita •Life Insurance for Smokers •Life Insurance for NonSmokers •Business Life Insurance •Universal Life Insurance
The AARP Life Insurance Program is to help members protect their families. It offers affordable premiums for term life and whole life insurance plans.
Mass Mutual Financial Group offers several different types of life insurance. They offer Term, Whole life, Universal and Variable universal life insurance to individuals and families.
The particular aim of VA Veterans Affairs life insurance is to serve service members, veterans, and their families. Also, to provide valuable life insurance.
Life insurance companies tend to be working with more money than property and casualty insurance, in most cases.
The Hartford Insurance services offers a variety of products to help families plan for the future. Some of which include, college savings, life insurance and mutual funds.
Genworth Life Insurance offers a variety of plans to meet the needs of individuals and families. Term Life and Whole Life are two of the most popular plans available to the buyer.
Gerber gives many families a kick start to their newborns life. Gerber offers Gerber Life which is a long term life insurance policy for the child. This life insurance policy is used by thousands in the US.
Yes, there are companies that specifically service military families. Two companies who provide life insurance for military families are USBA (http://www.usba.com/) and Military Benefit Association (http://www.militarybenefit.org/Veterans/Rates.cfm)
The taking of a human life is murder. Murder is a crime. The trial will be in a criminal court and the sentence will be appropriate to any conviction.
AnswerAs long as the policy is two years old, it shouldn't be a problem. Many policies have a provision to pay out a substantial amount upon diagnosis of a terminal illness. The laws for life insurance vary state by state and depends on what is contained in the policy itself...Some states allow life insurance companies to deny benefits completely if the insured commits suicide within 2 years of opening the policy..Some States allow life insurance companies to have a suicide exclusion clause for the life of the policy in which if the insured commits suicide they will only pay benefits equaling the total amount of premiums that the insured paid on the policy...Some States also allow insurance companies to have a euthanasia clause in which benefits will not be paid in cases of assisted suicide by physician/healthcare worker because it is a criminal act in that state.
Many different types of people buy term life insurance for temporary life insurance needs, such as, Individuals Couples Married Couples Young Families Homeowners Newlyweds Expecting Parents People with a Mortgage