(no subject)

[bktheirregular]

A life insurance policy's suicide clause is normally only effective over the first two or three years of the policy, based on the logic that beyond that point, the insurance company is satisfied that the policy was purchased in good faith. I know this because I have a friend who sells insurance for a living.

LiveJournal readers don't really have to worry about this, but anyone else who wants to have fun at my expense today, or annoy me in any way whatsoever?

Check your policy to see if there's a suicide clause still in effect.

Close entry.

Comments

[tinagilman.livejournal.com]

A life insurance policy's suicide clause is normally only effective over the first two or three years of the policy, based on the logic that beyond that point, the insurance company is satisfied that the policy was purchased in good faith.

Doesn't that completely screw over the premise of "Death of a Salesman" then? I guess not, because it's stated that there's a suicide clause in the dialogue, so there must be a suicide clause.

[bktheirregular]

I'm a Philistine; I've never read or seen "Death of a Salesman". But I suspect that either the policy was fairly new, or that Arthur Miller was working under a misconception.

Here's the strict definition of a suicide clause:

http://www.free-online-insurance-quotes.com/suicide-clause.htm

According to my friend in the insurance business, wearing a Yankees cap in Fenway Park on game night might bring a suicide clause into play.