When Will Life Insurance Not Pay Out?
0 POINTSContact Meview profileDavid RacichPROFountain Hills, ArizonaIf you’re policy is beyond the reinstatement period, the policy will not pay in a death claim scenario. It will not pay if suicide occurs during the first two years of the policy. It will not pay if deliberate misstatements or omissions were material enough to have changed the underwriting offer or amount of the death benefit.Answered on June 8, 2013+01+1 this answer
0flag this answerview more answers by David Racich.JPG)
63333 POINTSContact Meview profilePeggy MacePROMost of the U.S.As long as you did not lie to answer a question that was asked on the life insurance policy, your policy will pay the death benefit. After two years, the policy will usually pay even if there were misrepresentations on the application. The policy will not pay for suicide during the first two years of the policy.Answered on June 10, 2013+01+1 this answer 0flag this answerview more answers by Peggy Mace
Did you find these answers helpful?
Yes
No
Go!
Add Your Answer To This Question
You must be logged in to add your answer.
