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Also if you do manage to commit suicide no one pays out on life insurance or pension. Best option I think is to start with nothing and end with nothing. The ab
by m0xte 7y ago
Also if you do manage to commit suicide no one pays out on life insurance or pension.
Best option I think is to start with nothing and end with nothing. The above problem is void then. That fortunate bit in the middle needs to be distributed to your children then if they need it.
- lotsofpulp 7y agoLife insurance should pay after a couple years in the US even for suicide: https://www.nerdwallet.com/blog/insurance/life/does-life-insurance-cover-suicide/ https://www.nerdwallet.com/blog/insurance/life/does-life-ins...
- m0xte 7y agoNot in UK. I checked several policies.
- Red_Leaves_Flyy 7y agoThat second sentence dude. You want some one to talk to? Or need help with something?
- m0xte 7y agoNah I’m good. Just watched a couple of people suffer unnecessarily for the sake of a life insurance contract. Figured it was worth checking out before I threw the cash into one. Thanks for the concern though :)
- stevespang 7y agoYes, when I trained as an insurance agent many years ago, Texas law said that insurance co only has a 2 year "lookback" period to deny payout in case of suicide or felony crime. Once 2 years passes, they are S-O-L.