will my life cover pay out if i kill myself?

Answer 1

No

Answer 2

Most life insurance companies will not pay if you take your own life... a few will after a couple of years time invested in the policy.
It all depends on the type of life ins. you have and the company!
What would be the point of taking out life insurance and then taking your own life? It would only hurt those who loved you more and waste your good hard earned money you invested in the policy. I hope you consider getting some help from a good counselor or just talk to someone you trust completely. Best wishes!

Answer 3

It depends on the insurance. Some insurance has a clause that specifies a period of time (incontestable period, I think it's called). If you have the policy for, say, over 2 years, then the policy has to pay regardless of how you died. It's not a good idea, because knowing insurance companies, they'll try to weasel out of paying benefits if they at all possibly can. Suicide opens up too big a loophole for them, I would think. Plus, you won't be around to see if they pay off your beneficiaries or not. Leave the guess work out of it, die of natural causes.

Answer 4

You'll find that any life insurance policy will always have the proviso that there will be no payout in the case of suicide. It violates the principle of the policy - you are taking out life insurance because you don't want your dependents to be disadvantaged by your death and you don't want to die. If you do want to die then no one would voluntarily insure you as it would mean a guaranteed big payout.

If you're considering it think again - no problems were ever solved by suicide.

Answer 5

Most life insurance policies are specific in stating that suicide is not covered. However, the insurance I have will cover it. As it only have a limitation period of 2 years. This means if you lie or misrepresent facts in your application, it would be null and void. This is only for two years. Ditto, with suicide. So after two years, if the life insurance is still in force, premiums were up to date. Death by suicide will be covered. Just read those fine prints and locate any proviso.

A good point to bring up here. Positive or active euthanasia or negative euthanasia; or mercy killing as it's called.
Euthanasia means p;ainlessly putting to death or failing to prevent death from natural causes in cases of terminal illness or irreversible coma. The term comes from the Greek expression for "good death." Technological advances in medicine have made it possible to prolong life in patients with no hope of recovery, and the term negative euthanasia has arisen to classify the practice of withholding or withdrawing extraordinary means (e.g., intravenous feeding, respirators, and artificial kidney machines) to preserve life. Accordingly, the term positive euthanasia has come to refer to actions that actively cause death. The term passive euthanasia is used when certain common methods of treatment, such as antibiotics, drugs, or surgery, are withheld or a large quantity of needed but ultimately lethal pain medication is supplied. By the end of the 20th cent. passive euthanasia was said to be a common practice among U.S. hospitals and physicians. With regard to euthanasia in animals, there are strict rules and guidelines that ensure ethical euthanasia and disposal.

Much debate has arisen in the United States among physicians, religious leaders, lawyers, and the general public over the question of what constitutes actively causing death and what constitutes merely allowing death to occur naturally. The physician is faced with deciding whether measures used to keep patients alive are extraordinary in individual situations, e.g., whether a respirator or artificial kidney machine should be withdrawn from a terminally ill patient. The Supreme Court's decision in Cruzan v. Director, Missouri Dept. of Health set a precedent for the removal of life-support equipment from terminal cases.

Answer 6

Probably not. Why not take out the cash value and enjoy it? I don't like life insurance for that reason - it makes people start wondering if they are worth more dead than alive. The fact that you're still alive means that you have a purpose. Discover it and start living.

Answer 7

It would depend on the terms set within your life policy, a lot of life companys will not pay out if a person takes there own life and kills themself.

Not a good idea to take your own life please visit this link http://www.befrienders.org/

Answer 8

No, but if you want to kill yourself, it means that you have given up, so why would you worry about life cover?

Answer 9

No. Suicide is not covered in any life insurance plans. So don't do it for the sake of someone getting paid.

Answer 10

no.

but have you seen pictures of suicide victims? there's no way to commit suicide and have it look cute. imagine the person who comes across that atrocity...that's not right.

besides, even in places where physician-assisted suicide is available, the failure rate is upwards of 25% and if you fail, good luck as a vegetable!

try browsing www.metanoia.org -- it helped me when i was suicidal after my mom suddenly died, i came out of the closet and was diagnosed with bipolar disorder and PTSD (all within the past 3 years)...

Answer 11

Depends on the plan, some do and some dont.
Everyone else that says no life insurance plans cover it they're full of ****.
Life sucks I totally understand why you want to do that.. If you realy do want too.