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Which of the Following Is True of the Suicide Clause

Question 58

Multiple Choice

Which of the following is true of the suicide clause in a life insurance policy?


A) The beneficiary can claim the proceeds if the insured commits suicide within a certain period and not after that.
B) The suicide clause assigns no validity period on the life insurance policy.
C) The beneficiary can claim the proceeds only if the insured commits suicide after the validity period set forth by the insurer.
D) The beneficiary cannot claim the insurance proceeds if the insured commits suicide after the validity period set forth by the insurer.

Correct Answer:

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