If the insured overdosed in the first two years of the contract issue date, it may be investigated as a possible suicide or a non-disclosure issue where drug use was not disclosed. Non-disclosure of a prescription or illegal drug use after the two year contestability may be characterized as a form of fraud, which could place the death claim in jeopardy. If this was accidental drug overdose the odds are high that the issuing carrier would pay the death claim. Consult an attorney for further information on this scenario.
If during the first two years of a life insurance policy, the life insurance company will check to see if the overdose was due to suicide. They will also check to see if there was a drug problem that was not noted on the application. If past drug history was lied about or omitted, the policy will not pay the claim within the first two years of the policy.
If the application was filled out honestly:
1) If the drug overdose was accidental, the policy will pay, even within the first two years.
2) If the drug overdose was suicide after two years, the policy will pay.
3) If the drug overdose was due to a drug habit picked up after getting the policy, the policy will pay.
4) If the drug overdose was due to mental illness contracted after getting the policy, the policy will pay.
There may be some caveats in some policies, but the above is how life insurance generally works. If you disclosed everything and your life changes later, the policy pays with the exception of suicide in the first two years.
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If the application was filled out honestly:
1) If the drug overdose was accidental, the policy will pay, even within the first two years.
2) If the drug overdose was suicide after two years, the policy will pay.
3) If the drug overdose was due to a drug habit picked up after getting the policy, the policy will pay.
4) If the drug overdose was due to mental illness contracted after getting the policy, the policy will pay.
There may be some caveats in some policies, but the above is how life insurance generally works. If you disclosed everything and your life changes later, the policy pays with the exception of suicide in the first two years.