If death of the insured under a life policy takes place within two years of its commencement, by way of suicide, will the beneficiary get a claim?

CS Professional · Insurance - Law and Practice · PYQS · June 2016
If death of the insured under a life policy takes place within two years of its commencement, by way of suicide, will the beneficiary get a claim?

Answer & Explanation:

If death occurs within certain period of time as mentioned in the policy document (generally 2 years) of taking a Life Insurance Policy, the beneficiary/nominee would receive the premium back but not the death benefit.

Topics: Life Insurance Claims

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