Will insurance companies pay if you commit suicide?

Question

Will insurance companies pay if you commit suicide?

Answer 1

If the life insurance policy is past the contestable period - 2-3 years in most states, and there's no suicide exclusion, yes.

Answer 2

No...period...also won't pay if you die in the commission of a felony, so if someone were to ever be thinking about "suicide by cop", that won't work either....

Answer 3

I would take it you are talking about Life Insurance Companies?  The answer is NO!

Answer 4

No, suicide voids life insurance.

Answer 5

Depends on the policy.  Some do, some don't.  Some will pay after having a policy in effect for a certain time period.

Answer 6

Life insurance pays the death benefit even if the person commits suicide as long as the policy has been in effect long enough. In Georgia, once the policy has been in effect for 2 years, nothing voids the contract, not even suicide.

Answer 7

Normally they have a clause that states they will not pay life insurance if the death is ruled suicidal. Most insurance companies will not pay.