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Posted: Wed Mar 19, 2008 3:25 pm
by Tsukiyumi
Cpl Kendall wrote:You don't say? Now lets consider how many suicidal people are rational enough to think that through.
I'm sure plenty of rational, intelligent people commit suicide every day. I suppose it's really a question of one's commitment to life. I agree, though, that most people who attempt or commit suicide are not thinking clearly.
Some certainly are, though. A good friend of mine killed himself a few years back by injecting himself with the set of chemicals he used to euthanize animals at the clinic he worked at. I'd say there was certainly some rational forethought there; he had just made up his mind to give up.
Posted: Wed Mar 19, 2008 10:15 pm
by Mikey
The trick is to find a way that won't invalidate your life insurance policy.
Posted: Thu Mar 20, 2008 2:05 am
by Aaron
Mikey wrote:The trick is to find a way that won't invalidate your life insurance policy.
A tragic natural gas miscalculation is a good one.
Posted: Thu Mar 20, 2008 10:55 am
by Mikey
Cpl Kendall wrote:Mikey wrote:The trick is to find a way that won't invalidate your life insurance policy.
A tragic natural gas miscalculation is a good one.
As long as you know what you're doing - insurance companies have forensic investigators as good as most local police forces. Maybe wearing antlers and going to visit Michigan in December?
Posted: Thu Mar 20, 2008 11:27 am
by Aaron
Do they pay out for suicide by cop?
Posted: Thu Mar 20, 2008 11:41 am
by Mikey
Generally not - most policies have a rider that exempts death while engaged in criminal or suspect activities, as well as "assumed risk" activities - skydiving, et. al.
Posted: Thu Mar 20, 2008 11:45 am
by Aaron
I guess the US doesn't have the same requirement that Canada does. Commit suicide in the first two years and they don't pay out, after that your good. I don't think there's many restrictions on it either, I'd have to read my wife's policy or ask our agent though.
Posted: Thu Mar 20, 2008 2:07 pm
by Mikey
Depends on the exact wording of the rider - many policies have the same thing that you're describing, although the "assumed risk" is pretty much universal.
And why so interested in checking your wife's policy?
Posted: Thu Mar 20, 2008 7:53 pm
by Aaron
Mikey wrote:Depends on the exact wording of the rider - many policies have the same thing that you're describing, although the "assumed risk" is pretty much universal.
And why so interested in checking your wife's policy?
Because I don't have one to check.