- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Life insurance with a suicide
Posted on 9/12/24 at 9:32 pm
Posted on 9/12/24 at 9:32 pm
This is from 30 years ago but curious. Would the kids or spouse receive benefits if the dad took his own life? From what I remember suicide negates the life police?
17
Posted on 9/12/24 at 9:33 pm to Julz5198
I’d imagine there is an exclusion for suicide in every life insurance policy.
Posted on 9/12/24 at 9:39 pm to Julz5198
Most life insurance policies include a suicide clause that prevents the insurer from paying out the claim if the insured's death was due to self-inflicted injury within a certain period from the start of the policy (typically two years).
Posted on 9/13/24 at 2:59 am to Julz5198
Just read the fine print first
Posted on 9/13/24 at 4:36 am to Julz5198
As bad as this sounds if insurance had to pay out for suicide then a lot of them would have went under along time ago.
Posted on 9/13/24 at 4:38 am to FLObserver
quote:
As bad as this sounds if insurance had to pay out for suicide then a lot of them would have went under along time ago.
The clause is generally within two years.
So, after two years of coverage, everything is usually covered.
Posted on 9/13/24 at 7:45 am to BamaCoaster
My policy is two years as well, I guess they figure if you want wait 2 years to off yourself you should get the money lol have to play the long game!
Posted on 9/13/24 at 8:03 am to jpainter6174
quote:
My policy is two years as well, I guess they figure if you want wait 2 years to off yourself you should get the money lol have to play the long game!
This. I recently got a new policy and this was the new terms as well as my older terms. Suicide is still covered just not until 2 years. Seems fair enough to me, you can't get a new policy and kill yourself to pay out your family. But if you've had a policy for many years you are covered.
Posted on 9/13/24 at 8:19 am to Julz5198
I'm pretty sure 30 years ago it was the norm to not pay out for a suicide but mine does. Like the other guys said, I think there was a 2 year clause in there IIRC, but I've had the policy 10 years now.
Posted on 9/13/24 at 9:27 am to BamaCoaster
I think the two years is to ensure you are not currently going through something. Most people recover before that time frame ends.
Posted on 9/13/24 at 10:07 am to Julz5198
Just to be sure, do you need someone to talk too?
Posted on 9/13/24 at 10:38 am to HarveyBanger
Saw an episode on Dateline, I was surprised that they do cover suicide.
Posted on 9/13/24 at 12:16 pm to jpainter6174
quote:
My policy is two years as well
As is mine, my wife reminds me daily about it since hitting the two year mark.
Posted on 9/13/24 at 12:21 pm to Julz5198
Shoot me your e-mail man. having someone you don't know to talk to about stuff is very therapeutic
Posted on 9/13/24 at 1:08 pm to Julz5198
Put it on the Underhill account.
Posted on 9/13/24 at 1:32 pm to weadjust
quote:
Most life insurance policies include a suicide clause that prevents the insurer from paying out the claim if the insured's death was due to self-inflicted injury within a certain period from the start of the policy (typically two years).
This is what mine specifies.
Posted on 9/13/24 at 1:58 pm to Julz5198
I'm more interested in inquiring if you are ok brother?
That's a loaded question and I want to make sure the undertones aren't being missed here.
I'm available to talk if you just need an unjudgmental ear.
That's a loaded question and I want to make sure the undertones aren't being missed here.
I'm available to talk if you just need an unjudgmental ear.
Posted on 9/13/24 at 2:36 pm to Nu Iota Prophet
No I’m good. My step daughter went through this many years ago
Posted on 9/13/24 at 6:29 pm to I Love Bama
quote:Y’all can hang together, kudos to you to show us that it won’t kill you to be nice. Shocking how depression works, drowning people in emotion; alternatively a person can’t OD on happiness.
Shoot me your e-mail man. having someone you don't know to talk to about stuff is very therapeutic
Seriously, nice offer.
Posted on 9/14/24 at 9:29 am to Julz5198
2 year contestability period in Louisiana.
After 2 years, you can't exclude for suicide (at least not in Louisiana).
After 2 years, you can't exclude for suicide (at least not in Louisiana).
Page 1 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News