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.
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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.
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Suicide Exclusion. If the Insured commits suicide within two years of the Issue Date, our total liability under the Policy is limited to the Premiums paid from that date to the date of death, less Policy Debt and Withdrawals including applicable Withdrawal Charges, partial Surrender Charges and fees, if any. If the Insured commits suicide within two years of the Effective Date of any requested increase in Face Amount, we will pay a limited benefit in lieu of that increase equal to the Cost of Insurance Charge and any other charges included in the Monthly Deduction for that increase.
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Examples of Suicide Exclusion in a sentence

  • 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 of the Policy Date, the Death Benefit Proceeds will be limited to an amount equal to the sum of the premiums paid, less the sum of any policy loans and withdrawals.

  • If the Insured dies by suicide, while sane or insane, within the Suicide Exclusion Period shown in the Policy Specifications, the Death Benefit Proceeds will be limited to an amount equal to the sum of the premiums paid, less any benefits paid under this Policy or the Riders attached to this Policy and less the sum of any Policy loans and withdrawals.

  • If this Policy has been reinstated and the Insured dies by suicide, while sane or insane, within the Suicide Exclusion Period from the latest reinstatement date, the Death Benefit Proceeds will be limited to an amount equal to the sum of the premiums paid less any benefits paid under this Policy or the Riders attached to this Policy and less the sum of any Policy loans and withdrawals taken since such date.

  • Suicide Exclusion - If either insured dies by suicide, while sane or insane, within two years of the policy date, no death benefit proceeds will be paid.

  • Suicide Exclusion – If the Survivor dies by suicide, while sane or insane, within two years of the Policy Date, the Death Benefit Proceeds will be limited to an amount equal to the sum of the premiums paid, less the sum of any Policy loans and withdrawals.

  • Suicide Exclusion; Currency; Misstatement of Age or Sex; Incontestability; Assignment; Annual Report; Increase in Face Amount at Age 21 for Contracts Issued at Age 14 or Lower; Payment of Death Claim; Change in Plan Beneficiary................................................................

  • 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.

  • This contract has a Suicide Exclusion and an Incontestability provision.

  • 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 or under a similar one in the earlier contract.