Whether my survivors will get death benefit if I commit suicide within two years of taking the life policy?
The life insurance application has a clause under suicide provision which doesn’t exclude all the benefits if you commit suicide but specifies that if you commit suicide within two years from the policy acceptance date, your beneficiaries are not eligible for all the death benefits. Rather, most of the insurance companies will pay only an amount equal to sum of the premiums paid from the date of start to the date of death by suicide and depriving the beneficiaries of all other benefits.
