Life insurance & suicide?

Question

I know that they don't have to pay if it's within 2 years of purchase. But I have had one for ten years and my husband is the beneficiary. Would he still get that one if my death was a suicide? No, I don't need help...I'm just curious. so please

Answer 1

Yes, unless there's an absolute suicide exclusion in the policy.

Answer 2

yes, it will.  there is a section in your policy that explains the suicide clause.  don't do it !!!  j/k

Answer 3

nope.

Answer 4

Yes, you are correct after two years it pays.

Answer 5

there are a lot of different life insurance policies; a normal policy will most likely just have the two year window of incontestability; however if you have an accidental death and dismemberment policy; it will not. Have your agent or HR person look it over.

Answer 6

Please don't croak yourself.  That said, you would need to read the policy.  A lot of times life insurance policies are uncontestable after a period of time and likely do cover suicide if it occurs after the initial 2 year "waiting period".  You are worth more to your family alive.  If you are contemplating suicide, talk to someone please.

Answer 7

i work for a large, popular insurance company and our life insurance policy does not cover suicide.