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Business and Personal Finance Unit 4 Chapter 14 © 2007 ... - Quia

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Section <strong>14</strong>.4<br />

Life Insurance<br />

Suicide Clause<br />

Many insurance policies state that in the first<br />

two years of coverage, beneficiaries of someone<br />

who dies by suicide receive only the amount of<br />

the premium paid.<br />

Some insurance policies will not provide<br />

benefits at all if a policyholder dies by suicide.<br />

<strong>Business</strong> <strong>and</strong> <strong>Personal</strong> <strong>Finance</strong> <strong>Unit</strong> 4 <strong>Chapter</strong> <strong>14</strong> © <strong>2007</strong> Glencoe/McGraw-Hill<br />

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