How long can a suicide exlusion be?

Question

What is the maximum length of time a suicide exclusion can be for life insurance?

Does a life insurance policy have to pay up for suicides, or can they put in the policy that they will not cover suicides?

Answer 1

They can do both, most have a 2 year wait.  Just look at the contract in the para lable suicide

Answer 2

Depends on the policy, some exclude ever paying for suicide, and if you are having even remote thoughts in that direction, do please talk to someone.

Answer 3

Honey, if you need to know the answer to this question insurance is not your biggest concern right now.  Please call the suicide hotline or otherwise talk to someone who can help you.

Answer 4

some group policies will exclude, but most individual will be 2 years.  Obviously if someone is contemplating suicide as the reason for the purchase of the insurance they'll likely not make it the two years.

Answer 5

The policy can be written with an absolute suicide exclusion, that does not expire.

Typically, the suicide exclusion is the 'contestable' period of the policy - which varies by state, but is usually 2 or 3 years.