suicide clause

suicide clause
sui·cide clause n: a provision limiting the liability of an insurer to a return of net premiums paid if an insured commits suicide within a stipulated period

Merriam-Webster’s Dictionary of Law. . 1996.

suicide clause
Standard clause in life insurance policies that limits payments made to survivors of a policyholder who commits suicide within a certain period after purchasing the policy.
Category: Wills, Trusts & Estates

Nolo’s Plain-English Law Dictionary. . 2009.

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