Suicide Exclusion definition

Suicide Exclusion. If the Insured commits suicide, while sane or insane, within two years from the Policy Effective Date, our total liability shall be limited to the premium payments made before death, less any Policy Debt and less any Withdrawals. If the Insured commits suicide, while sane or insane, within two years from the effective date of any increase in the Face Amount, our total liability with respect to such increase shall be limited to the sum of the monthly Cost of Insurance Charges deducted for such increase.

Suicide Exclusion. If the Insured commits suicide, while sane or insane, within 2 years from the Issue Date the proceeds payable under this Policy will be limited to an amount equal to all Premiums paid on this Policy less outstanding Policy loans and accrued loan interest, partial withdrawals and the cost for any riders or endorsements. Payment will be made to the Beneficiary. If the Face Amount is increased and if the Insured commits suicide, while sane or insane, within 2 years from the effective date of any increase, the Company will pay only that portion of the Policy Value Account associated with the amount of the increase and the cost of insurance paid for the amount of increase. The Face Amount of the Policy will be reduced to the Face Amount that was in effect prior to the increase. The Company reserves the right to request and obtain evidence as to the manner and/or cause of the Insured’s death.

Examples of Suicide Exclusion in a sentence

• Suicide Exclusion: Life Insurance If your death results from suicide or other intentionally self-inflicted Injury, while sane or insane, 1 and 2 below apply.

• F.4 Suicide Exclusion If death occurs due to suicide within 12 months from the Date of Commencement of risk under the Policy or from the date of revival of the Policy, as applicable, the Claimant shall be entitled to 80% of the Total Premiums paid till the date of death or the surrender value available as on the date of death whichever is higher, provided the Policy is In Force.

• For the amount of the increase, new Incontestability and Suicide Exclusion periods will apply, beginning on the effective date of such increase.

• F.4 Suicide Exclusion If death occurs due to suicide within 12 months from the Date of Commencement of Policy or within 12 months from the date of revival of the Policy, the death benefit is refund of 80% of the premium(s) paid (excluding taxes) provided the Policy is In Force.

• In case of suicide within one year of the date of revival of the policy when the revival is done within 6 months from the date of first unpaid premium, Suicide Exclusion shall not be applicable and the Death Benefit under the product shall be payable.

• SURVIVOR'S INSURANCE OPTION AND TEMPORARY INSURANCE BENEFIT If the insured person dies while this rider is in effect, the following option and benefit are applicable subject to the Suicide Exclusion of this rider.

• The Incontestability and Suicide Exclusion provisions of this policy also apply to this rider.

• The Suicide Exclusion provision of the contract applies to this rider as issued.

• Suicide Exclusion If the insured dies by suicide, while sane or insane, within two years from the certificate date (or within the maximum period permitted by law of the state in which this certificate was delivered, if less than two years), the amount payable will be limited to the amount of premiums paid, less any outstanding certificate loans with interest to the date of death, and less any partial withdrawals.

• We will endorse the new contract to show that the period we state in its Suicide Exclusion provision will start on the date coverage of the child began under this benefit.