Does Life Insurance Cover Suicide?
September 19, 2023 by Barbara Marquand
Along with the profound and painful questions that follow the loss of a loved one from suicide, there are practical and financial issues to address, too.
If the loved one had life insurance, a common question is whether the policy will still cover the death.
In general, there is coverage if your loved one:
Had group life insurance through work.
Had military life insurance.
Was insured under an individual policy that went into effect more than two years ago (one year in some states).
Was insured under coverage that he or she purchased through work and that went into effect more than two years ago (one year in some states).