MO. Statute: Life Ins. Policies & Suicide Clause
TYVM.
@asmi106082 Good that Websleuths has many talented ppl w experience, like you, in different fields.
Yes, the suicide-exclusion-period clause prevents (well, discourages) a person planning a suicide from buying a LI policy, then committing suicide w'in that exclusion period (that is, assuming they are aware of it. W bigger picture planning, they may wait until exclusion period has expired and the death benefit will be paid).
I posted* link & quoted Mo law, re ONE YEAR suicide exclusion.
Life Ins policies --- issued or delivered in MIssouri --- may "exclude or restrict coverage" for a "suicide... within one year from the date of the issue."
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Life Insurance Policies & Suicide Clauses in Missouri. .... Not only was there an insurance policy, but did it include a suicide clause - most don't.... snipped for focus @otto Interesting to read about these unusual circumstances, esp'ly your posts w extensive background & details. FWIW, a...
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BTW, per statute, if suicide occurs w'in one year of issue, LI co. "shall promptly refund all premiums paid."