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artificial_ineptness
Member
- Nov 14, 2021
- 93
Many insurance companies do (seemingly) pay out life insurance in the case of suicide, given that a certain period of time (as defined in their agreement, often like 2 years) has passed after signing or changing the agreement. The period is intended to prevent someone from taking it out and then ctb, so I'm wondering what would happen in the case if someone were to take out the insurance with the intent of just waiting that suicide clause period out and then taking themselves out?
Do they investigate the situation (any suicide) looking for any reason to deny the claim? Is it considered insurance fraud? Is it fine as long as you dont blatantly tell the insurer that you're doing that? What would even constitute evidence for premeditation? Does it just happen so rarely that they don't care and just pay out the insurance claim?
Couldn't really find anything on this (maybe because its/Im stupid or something), so any information on how insurance companies handle suicides or about any claims that were denied due to premeditation would be highly appreciated.
Do they investigate the situation (any suicide) looking for any reason to deny the claim? Is it considered insurance fraud? Is it fine as long as you dont blatantly tell the insurer that you're doing that? What would even constitute evidence for premeditation? Does it just happen so rarely that they don't care and just pay out the insurance claim?
Couldn't really find anything on this (maybe because its/Im stupid or something), so any information on how insurance companies handle suicides or about any claims that were denied due to premeditation would be highly appreciated.