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EFFECT OF DEATH OF INSURED THROUGH SUICIDE

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1EFFECT OF DEATH OF INSURED THROUGH SUICIDE Empty EFFECT OF DEATH OF INSURED THROUGH SUICIDE Sat Sep 20, 2008 11:11 pm

barrister

barrister
Reclusion Perpetua

The insurer in a life insurance contract shall be liable in case of suicide by the insured if:
1. Suicide was committed after the policy has been in force for a period of two years from
the date of its issue or its last reinstatement, unless the policy provides a shorter period;

2. Suicide committed in a state of insanity; it shall made the insurer liable regardless of
the date of the commission of the suicide

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