Practically all insurance contracts include a suicide clause stating that the insurance company won't pay off for suicide deaths that occur within the first five years of the contract.

Question

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Most life insurance policies include a suicide clause that typically applies within the first two years of the policy, not five years. This clause is designed to protect insurance companies from financial loss due to the insured committing suicide shortly after obtaining a policy.

Practically All Insurance Contracts Include a Suicide Clause Stating That