In the sense that insurance companies often do anything they can to weasel out of a payment, I agree with you completely.
Many have provisions for that cause of death not qualifying that expire after two years, and sometimes they have a provision to pay a reduced amount or a clause where if you change the policy the two years resets.
I have a sibling that works in a relevant area of law to this, so I haven’t researched it extensively I just take them at their word because they have worked on cases where this is relevant (people who are terminal ending their own lives medically).
There’s usually a clause for that kind of death and it only doesn’t pay out for like 2 years usually. I’d get a lawyer to look to be sure
Many life insurance policies simply do not pay out in the case of suicide.
Hypothetically speaking, what if you’re killed by a cop?
I think there are some that have clauses about dying during the commission of a crime.
No need for hypotheticals. There have been several documented cases of insurance denying payouts to victims of “suicide-by-cop”:
https://www.insurancebusinessmag.com/us/news/breaking-news/insurer-moves-for-dismissal-of-lawsuit-in-suicide-by-cop-case-104373.aspx
https://www.cbsnews.com/miami/news/life-insurance-rejected-in-suicide-by-cop/
https://www.enterprise-journal.com/most-recent/her-son-was-gunned-down-she-was-denied-his-life-insurance-payout-and-lexington-police-64f113f5b4690
In the sense that insurance companies often do anything they can to weasel out of a payment, I agree with you completely.
Many have provisions for that cause of death not qualifying that expire after two years, and sometimes they have a provision to pay a reduced amount or a clause where if you change the policy the two years resets.
I have a sibling that works in a relevant area of law to this, so I haven’t researched it extensively I just take them at their word because they have worked on cases where this is relevant (people who are terminal ending their own lives medically).