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Answered 2010-12-19 22:23:16

A standard life insurance policy usually contains a provision stating that death that is the result of suicide will not be covered if it occurs within a stated period of time after the issuance of the policy. The period of time varies, but it is frequently two years.

The reasoning for this provision is that insurance is intended to cover fortuitous occurrences, not ones that are planned or intended.

NOTE= Commiting suicide is never the answer to a problem.

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Most life insurance policies do not pay out for suicide.


Most, if not all, life insurance policies have an exclusion that states that the policy will not pay if the death is ruled a suicide.


Life insurance does normally include an exclusion period for suicide, and 2 years is common. It depends on the state you live in.


No, if the life insurance policy is less than two years old. Some insurance companies would not pay at all in case of suicide. It all depends on the conditions in the life insurance policy.


Suicidal deaths do not come under the purview of life insurance policies any where in the world.


Suicidal acts do not come under the purview of life insurance policy benefits.


James George Davey has written: 'Life insurance offices and suicide' -- subject(s): Insurance, Life, Life Insurance, Suicide 'Life insurance and suicide' -- subject(s): Insurance, Life, Life Insurance, Suicide 'On medical evidence in our law courts' -- subject(s): Jurisprudence, Insanity 'The Ganglionic Nervous System: Its Structure, Functions, and Diseases'


Most life insurance policies have a two year suicide clause that states that the policy will not pay for death by suicide if it occurs within 24 months from the date the application was issued. Death benefits will be paid if it is after that time period. If the suicide occurs during the suicide clause the insurance company will return the premium paid in full plus interest.


it depends on your plan.


Suicide is usually excluded under a life insurance policy. The suicide exclusion usually states that there is no payout of life insurance proceeds if the death is due to suicide within two years of the puchase of the life insurance policy. In some states, like Colorado, the suicide exclusion is one year.


Generally If a suicide is committed by the insured within the 1st 2 years of issue of the policy it will not pay. This is known as the suicide clause. After 2 years the policy will pay.


No. No insurance policy covers death in case of suicide.


Suicide and life insurance isn't regulated by state law, it is regulated by the insurance company and outlined in the insurance papers.


Yes. Most life insurance policies have a "suicide clause" that allows death benefits to be paid out on a suicide after the policy has been in effect for two years.


For most insurance policies, if the person takes their own life the policy does not pay out.the last time I cheked, life insurance only covered natural causes and accidents. Suicide si not a natural reason or accident and was not covered last time I checked.


Read the specific policy exclusions in the life insurance contract. It will detail the impact of a suicide on the benefits, if any.


Life insurance covers death by any causes not specifically excluded. That generally means they don't cover suicide. Life insurance covers death by natural causes, i.e a disease.


All life insurance policies have a two year suicide clause. If a person commits suicide within two years of the policy application date the company may return all premiums that have been paid depending on the policy but will not pay the face amount of the policy.


To the best of my knowledge, In the US all life insurance companies cover suicide after 2 years of in force issue.


It depends on the policy. Many do not pay for a suicide death, others require that the policy have been active for a specific length of time. It's not a good way to get money. Nope.


Life Insurance Companies do not cover suicide, subject to the "Suicide Clause" limitation in all life insurance policies. The suicide clause stats that no death payment will be made if an insured commits suicide within the first two years (one year in Colorado) that the policy is in force. This clause protects the insurance company against adverse selection - the purchase of a life isnurance policy in contemplation of a planned death in order for the beneficiary of the life insurance policy to collect the life insurance proceeds.


I dont think so. Most insurance policies do not cover death by intentional suicide.


It is a kind of insurance where you pay for a limited number of years, but get insurance for all the rest of your life.


Read the contract. Most Life Insurance policies do NOT pay out for suicide. Some do, but only after a pre-defined period (I.E. after 10 years of having the policy in force). I've never seen one that does not exclude suicide.


In most states, policies include a suicide exclusions for the first two years of the policy. I will look at your policy and call the insurance company.



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