Does Life Insurance Cover Suicide?
September 19, 2023 by Barbara Marquand
Along with the profound and painful questions that follow the loss of a loved one from suicide, there are practical and financial issues to address, too.
If the loved one had life insurance, a common question is whether the policy will still cover the death.
In general, there is coverage if your loved one:
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Had group life insurance through work.
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Had military life insurance.
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Was insured under an individual policy that went into effect more than two years ago (one year in some states).
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Was insured under coverage that he or she purchased through work and that went into effect more than two years ago (one year in some states).