Does life insurance cover suicide?
Life insurance that covers for suicide might sound like it doesn’t exist, but beneficiaries usually receive payments. Life insurance policies typically pay the full death benefit as long as the contestability and suicide clauses have expired. However, there are some instances where your beneficiary won’t receive a payment. If you are struggling with thoughts of suicide, don’t hesitate to call the National Suicide Prevention Lifeline at 800-273-8255.
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Jeffrey Johnson
Insurance Lawyer
Jeffrey Johnson is a legal writer with a focus on personal injury. He has worked on personal injury and sovereign immunity litigation in addition to experience in family, estate, and criminal law. He earned a J.D. from the University of Baltimore and has worked in legal offices and non-profits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman Univer...
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UPDATED: Nov 16, 2023
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UPDATED: Nov 16, 2023
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance provider and cannot guarantee quotes from any single provider.
Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
On This Page
- As long as the contestability and suicide clauses have expired, life insurance policies typically pay beneficiaries following a suicide
- If you have mental health conditions (such as depression) or you’ve previously attempted suicide, you should be honest on your life insurance application to avoid payout denial
- If you are struggling with suicidal thoughts, you should contact the National Suicide Prevention Lifeline at 800-273-8255
When someone commits suicide, the people left behind have to deal with their grief, the stress of handling the deceased’s affairs, and the shock itself. One of the last issues that people want to worry about is insurance.
However, losing a loved one involves the loss of their income, and many families depend on that. There’s usually no question about the death benefit, but it’s not as clear-cut regarding suicide.
Suicide is an extremely unpleasant tragedy that no one wants to encounter, but it’s reassuring to know that your insurance will more than likely cover it. However, there are some situations where the death benefit won’t be paid. You can check with your agent concerning any questions.
If you’re wondering whether or not life insurance covers suicide, comparing rates can help save you money. Enter your ZIP code into our free tool to determine what rates might look like for you.
And if you’re struggling with suicidal thoughts, please call the National Suicide Prevention Lifeline at 800-273-8255.
Does life insurance cover suicide?
While there are some cases where your life insurance won’t pay out for suicide, it generally does. Your death benefit should be paid as long as you’ve passed your waiting period.
Though every company is different, there are usually two portions of your policy that need to expire before your benefit can be paid — the contestability and suicide clauses.
The contestability clause is also referred to as your insurance policy’s waiting period. Usually, this period lasts approximately two years. During this time, your company can deny your claim following a suicide. Once the period has passed, only serious misrepresentation or fraud will prevent claim denial.
The suicide clause is meant to financially protect life insurance companies. Insurance companies can investigate your death during a specified period (usually two years). If they conclude that you intentionally ended your life, your policy will likely be negated.
Companies incorporate suicide clauses into policies to ensure that someone planning to kill themselves doesn’t take out insurance immediately beforehand.
Does the contestability clause apply to more than suicide?
The contestability clause is broader than the suicide clause and includes more events that can cause policy denial. Every company will have its own list, but you can check below to gain an understanding of what types of deaths might be denied during the contestability period:
- Dangerous hobbies – If you regularly participate in dangerous hobbies, such as skydiving, scuba diving, or auto racing — and die during engagement — your beneficiary might not receive a payout unless you inform the company.
- Illegal activities – If you die while committing a crime (especially armed robbery), your policy will likely be denied.
- Alcohol or drug use – Because this is an activity you perform, death from substance abuse might result in your beneficiary not being paid.
- Murder – If your beneficiary murders you, they won’t receive a payout.
The contestability clause (along with the suicide clause) is one of the main reasons why people hesitate to switch life insurance companies. Beginning a new policy restarts your contestability period.
Does term life insurance pay out for suicide?
Many people assume that whole life insurance will compensate suicide since the coverage lasts for a lifetime. But what about term life?
As long as your contestability and suicide clause periods are complete, your term life insurance policy will cover suicide.
If your interval runs out and you decide to open a new term policy, you’ll have to await a new contestability period. However, many term life policies have the option to convert to a whole life policy before they expire.
Does group life insurance pay for suicide death?
Group life insurance is a policy that you acquire from an employer or an organization. These plans tend to have different rules concerning suicide.
Life insurance through your employer generally doesn’t have the same restrictions. As long as your employer pays for the entire policy, you’ll probably receive a suicide payout.
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Does life insurance pay for assisted suicide?
For the most part, life insurance companies treat physician-assisted suicides similar to regular suicide. As long as the contestability and suicide clauses have expired, your beneficiary will likely receive a payment.
If you’re concerned about the potential of assisted suicide, ask your agent to determine if there are any exclusions in your policy.
You also need to ensure that assisted suicide is legal in your state. Currently, there are only seven states where assisted suicide is legal in some cases.
Will depression prevent you from receiving life insurance?
As with other medical conditions, the nature of your depression will determine if you are eligible for life insurance and, if you are, how much it will cost you.
Generally, you won’t be denied life insurance unless you have concurrent medical issues or a history of self-destructive habits. If you’re receiving treatment, you’ll likely be approved for insurance.
When you apply for insurance, make sure that you are up-front about your depression. Insurance companies will typically work with you, but your beneficiary might not receive a payout if you lie on your application.
How to Prevent Your Policy From Being Denied Due to Suicide
Of course, the best way to prevent your policy from being denied due to suicide is to avoid suicide attempts. There are plenty of online resources for mental healthcare, and you should rely on the support of friends or family. In an emergency, call the Suicide Lifeline.
You should also ensure that you include all relevant information on your application. Your insurance company will likely investigate your death, and if they find anything that contradicts your application, your death benefit might not be paid.
You might have to compare numerous companies to find one that will cover you, despite a history of mental health issues or previous suicide attempts. However, many companies will work with you. Your coverage might be limited, but some coverage is always better than none.
As the beneficiary, you can take legal action against the insurance company in a worst-case scenario.
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Find the Best Life Insurance for Any Need
If you’ve been wondering, Does life insurance payout for suicide?, the answer is usually yes — as long as your contestability period has passed.
Finding life insurance that covers suicide is best conducted by comparing prices with as many companies as possible. Enter your ZIP code into our free tool to discover what quotes might look like for you.
And if you are struggling with suicidal thoughts, please call the National Suicide Prevention Lifeline at 800-273-8255.
Enter your ZIP code below to view companies that have cheap insurance rates.
Secured with SHA-256 Encryption
Jeffrey Johnson
Insurance Lawyer
Jeffrey Johnson is a legal writer with a focus on personal injury. He has worked on personal injury and sovereign immunity litigation in addition to experience in family, estate, and criminal law. He earned a J.D. from the University of Baltimore and has worked in legal offices and non-profits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman Univer...
Insurance Lawyer
Editorial Guidelines: We are a free online resource for anyone interested in learning more about insurance. Our goal is to be an objective, third-party resource for everything insurance related. We update our site regularly, and all content is reviewed by insurance experts.