Does Life Insurance Cover Everything?
12689 POINTSview profileTed RatliffOwner, SFS Associates,If by everything you mean every cause of death then in most cases the answer is yes. There are a couple of exceptions. If you commit suicide in the first two years of the policy then you will not be covered. If you lied on the application and die within the first two years then you will not be covered. Some policies exclude act of war or death while committing a crime.Answered on June 17, 2013flag this answer
37376 POINTSview profileDavid G. Pipes, CLU®, RICP®Business Development Officer, T.D. McNeil Insurance Services, Fresno, CaliforniaLife insurance covers only one thing, death. Once the policy is two years old it covers every conceivable type of death in most states. In the first two years suicide can be contested. There are moves to allow insurance to address other interests, long term care being the most important. The idea is that when death is inevitable and will happen soon, can benefits be accelerated?Answered on May 13, 2014flag this answer
Did you find these answers helpful?
Yes
No
Go!
Add Your Answer To This Question
You must be logged in to add your answer.
.JPG){kind=avatar}
