Will Life Insurance Cover An Overdose?
61667 POINTSview profileSteve SavantSyndicated Financial Columnist, Host of the weekly talk show Steve Savant's Money, the Name of the Game, Scottsdale ArizonaThe first two years of a life insurance policy, which begins on the date of issue is called the contestibility period. If the overdose occurred during that time, it may be invested as a suicide. If suicide was confirmed not benefits would be paid. If it occurred after the contestability period and no criminal activity was connected to the death, then the claim would more than likely be paid.Answered on August 16, 2013flag this answer.JPG)
63333 POINTSview profilePeggy MaceMost of the U.S.Life insurance will cover an overdose if the overdose was not due to suicide during the first two years. If there was an undisclosed drug, alcohol, or mental health problem when the applicant filled out the life insurance application, and if death occurred during the first two years of the policy, the death benefit could be contested. If everything on the application was forthcoming, there should not be a problem.Answered on August 16, 2013flag this answer
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