All posts tagged: suicide

With the times that we are in, and people are suffering from depression, why is your waiting period for suicide death, 24 months.

Suicide is defined as death caused by self-directed injurious behavior’s with the intent to die as a result of the behavior’s as defined by Institute of National Mental Healthy. A suicide clause is a provision in most insurance policies that states that the policy will be void if the policyholder commits suicide within a specified period following the policy start date. This period is usually two years. The Diaspora Funeral Cash Plan policy excludes any claim arising as a result of suicide (whether sane or insane) during the first 24 (twenty-four) calendar months from the date of commencement or reinstatement… Read More
team4dfiWith the times that we are in, and people are suffering from depression, why is your waiting period for suicide death, 24 months.