1. 15645 POINTS
    Edward HarrisPRO
    Owner, Best Health And Car Insurance Rates - Instant Online Quotes, US
    Life insurance would not pay out if the policy lapsed and there was no extended term benefit on the policy. Also, if a policy is terminated for non-payment or you simply cancel coverage, a death benefit is not paid.

    If you commit fraud, a felony or another similar act,  the insurer will certainly contest the claim.
    Answered on May 30, 2013
  2. 4249 POINTS
    Gary Lane
    President, Lane Independent Agency, Southern California
    If you commit suicide within the first 2 years of coverage, insurance will not pay. Otherwise, failing to pay the premium on a term policy will be a reason. With permanent policies, such as EIUL from PFA, missing a payment will not cause a the co not to pay, so long as you have accumulated cash value to cover it. GARY LANE, garylane@cox.net.714 422 9616.
    Answered on June 2, 2015
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