Can Life Insurance Claims Be Denied for Drug Overdose?
December 3, 2019 by Veronica Baxter
The short answer is, it depends on whether an exclusion applies, whether the overdose falls within the definition of “accidental” death in the policy and under state law, and, believe it or not, what type of drugs are involved.
Drug Overdose and Life Insurance Exclusions
There are certain types of death that are excluded from coverage under a life insurance policy. Exclusions differ among insurers and between policies.
An exclusion addressing drug overdoses will likely address alcohol abuse as well. Here are some direct quotes from real life insurance policies:
Click HERE to read the full story via Advisor Magazine.