Insurance Educator, North American Senior Benefits, Houston, tx
It depends on the type of policy you have. Every company has different standards regarding sky diving. It also depends if you told the truth on your application, there is usually a section that asks if you participate or plan to participate in dangerous activities such as sky diving. You need to sit down with your agent and discuss the details of whichever policy you took out. But yes, it can be voided. You need to take out a policy that allows it but you will pay a standard rate which is higher than a preferred premium. If you are a frequent jumper, there is special insurance called skydivers insurance you can buy as well.
If you had no plans to become a skydiver when you took out a medically underwritten life insurance policy, then took up that hobby later in life, no, skydiving would not void your policy.
If you were a skydiver when you took out your policy, noted it on your application, and purchased a policy that covered it, skydiving would not void your policy.
If you took out a simplified or guaranteed issue policy that did not ask about skydiving, your policy would not be voided by skydiving, either.
The only way it might be voided is is you lied about skydiving on your application, then died from a skydiving accident.
.JPG){kind=avatar}
If you were a skydiver when you took out your policy, noted it on your application, and purchased a policy that covered it, skydiving would not void your policy.
If you took out a simplified or guaranteed issue policy that did not ask about skydiving, your policy would not be voided by skydiving, either.
The only way it might be voided is is you lied about skydiving on your application, then died from a skydiving accident.