I was reading that, unlike in the movies, life insurance agencies do pay out claims in suicide cases. T or F?
I want to know if the beneficiaries of a life insurance policy would receive a settlement if the title holder commited suicide.
Check your policy. I think mine wouldn’t pay out if I commit suicide within two years of initiating the policy.
My policy is really funny. It will pay out $15K if I die, but will pay out $5K for each amputated limb or eye. I’ve told my next-of-kin that if I keel over dead, they should immediately saw off all my limbs and poke out my eyes — $30K, or twice what they’d get if they just left the poor corpse intact.
Related posts:
- Universal Life Insurance Policy – Find Out How Universal Life Insurance Can Benefit You
- Do You Know the Disadvantages of Receiving a Life Insurance Quote Online When Compared to Getting a Life Insurance Coverage Through a Broker?
- What Is the Difference Between Term and Whole Life Insurance
- Have You Learnt the Best Way to Get a Life Insurance Quote Online
- Life Insurance Settlement