What are five things not covered by life insurance?

What are five things not covered by life insurance?

Life insurance generally does not cover the following five things:

1. Suicide: Most life insurance policies have a suicide exclusion clause, which means that if the policyholder commits suicide within a certain timeframe (typically within the first two years of the policy being in effect), the policy will not pay out a death benefit.
2. Acts of war or terrorism: Life insurance policies generally exclude coverage for deaths resulting from acts of war or terrorism.
3. Illegal activities: If the policyholder dies while engaging in illegal activities, the life insurance policy may not pay out a death benefit.
4. Self-inflicted injuries: Life insurance policies generally do not cover deaths resulting from self-inflicted injuries, such as drug overdoses or self-harm.
5. Extreme sports or hazardous occupations: Some life insurance policies may exclude coverage for deaths resulting from participation in extreme sports or hazardous occupations, such as skydiving or working in a high-risk environment.

It's important to carefully review the terms and conditions of a life insurance policy before purchasing it to ensure that it meets your needs and provides the coverage you want.