Committing Suicide Covered Under Life Insurance
Hi Someone close to me passed away of suicide, I wanted to know if company group life insurance and individual life insurance cover this. I can provide the insurance details in person. Also are there any pitfalls I should be aware of?
- Answered on 02:22 PM, 28 Sep 18
There are several insurance policies that provide cover even in instances of suicide. You would however need to read the specific terms of the policy carefully. Your claim should be approved/rejected based strictly on the terms of the policy. If you feel that your claim has been wrongfully rejected, then you may approach the consumer courts.