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ellipsisslipsin t1_j20lewh wrote

That actually isn't true in many cases. They usually have a waiting period (like you have to have had it for a year or two), but they will pay out for suicide. You just can't go by life insurance and then commit suicide the next day.

https://www.annuityexpertadvice.com/life-insurance-pay-suicidal-death/

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cattledogcatnip t1_j20llqj wrote

My own life insurance (two separate policies) specifically excludes suicide. My fiancés policy does the same.

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digiorno t1_j2156yu wrote

Should’ve found a better one then? All the ones I’ve owned had a 2-5 year waiting period.

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FapNRun t1_j21r2cg wrote

My NY life policy pays out, there was a waiting period though. I asked the lady whom did our physicals.

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