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Insurance Claims

Does life insurance pay out for suicide?

Short answer

Most policies pay after the contestability period (usually two years). Policies less than two years old often exclude suicide in the first two years. Read the policy exclusions carefully. If denied, get the denial in writing and consult an attorney — some…

What this usually means

Most policies pay after the contestability period (usually two years). Policies less than two years old often exclude suicide in the first two years. Read the policy exclusions carefully. If denied, get the denial in writing and consult an attorney — some denials are improper.

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