Yes, isn’t this unbelievable? Everybody that has a brain and pays attention knows life insurance will not pay for suicide.
Cyber Berkut
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Not everybody. Posts 20 and 29 indicate that some insurance companies do pay after the insured person has committed suicide ... after 2 years of holding the policy.
More information from http://www.insurancequotes.org/life/the-truth-about-suicide-life-insurance/:
"...many people incorrectly believe that if you commit suicide, your life insurance will refuse to pay out — bottom line.
In actuality, that’s not always the case. The answer is actually in an individual life insurance policy. Many life insurance policies, just like any other insurance coverage, come with certain exclusions that null and void any benefits should you expire in a certain way, i.e., suicide.
However, there can be fine print attached to that exclusion. Some policies will pay benefits even if the policyholder committed suicide, but the policyholder would have had to committed suicide after holding the life insurance policy for two to three years depending on the carrier..."
