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

Question

Quizplus · Accepted Answer

The suicide clause typically has a specified date set, usually within the first two years of the policy being in force. If the insured commits suicide within this timeframe, the insurer may deny the death benefit. If the insured commits suicide after this timeframe elapses, the insurer is generally required to pay the death benefit as long as the policy is still in force. However, there may be exceptions depending on the specific terms of the policy.

Which of the Following Statements Is True of the Suicide