Are there circumstances not covered by life insurance policies?

The majority of policies do have certain situations and conditions which do not fall under their coverage territory. For example, suicide, or a preexisting medical condition about which the insured person has not told the insurer, is not likely to be covered.

For example, should you fail to inform your insurance company that you have a preexisting heart condition and then suffer related medical costs, this may render your life-insurance policy void unless discussed with your insurer, with the caveat that you pay a higher premium.



<<go back