What is the Definition of Suicide Exclusion Provision?

What is the Definition of Suicide Exclusion Provision?

A life insurance policy provision stating that policy proceeds will not be paid if the insured dies as the result of suicide as defined within the policy within a specified period following the date of policy issue.

Source: Insurance Handbook A guide to insurance: what it does and how it works | https://www.iii.org/

Label: Insurance
Theme: Dictionary of Insurance Terms

Other Questions: What is the definition of Annuity?

What is the Definition of Suicide Exclusion Provision?

You can find random definition and meaning of insurance terms below:


What is the meaning of Occurrence

an accident , including injurious exposure to conditions, which results, during the policy period in bodily injury or property damage neither expected or intended from the standpoint of the insured. (Bickelhaupt and Magee)


What is the meaning of Ocean Marine

coverage for ocean and inland water transportation exposures; goods or cargoes; ships or hulls; earnings; and liability.


What is the meaning of Officer

a president, vice-president, treasurer, actuary, secretary, controller and any other person who performs for the company functions corresponding to those performed by the foregoing officers.


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