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suicide provision

The suicide provision is a provision found in most life insurance policies that provides that if the covered individual dies as a result of suicide within 2 years of the policy issued date, the policy will not pay the death benefit.

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suicide provision

The suicide provision is a provision found in most life insurance policies that provides that if the covered individual dies as a result of suicide within 2 years of the policy issued date, the policy will not pay the death benefit.

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After the 2-year suicide provision period, the policy will pay the death benefit, even if death is a result of suicide.