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Old 12-04-2012, 11:32 PM   #1
Phobia
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Originally Posted by DaneMcCloud View Post
Life insurance generally doesn't provide for suicide
State of Missouri law says life insurance pays if policy is more than 365 days old.
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Old 12-04-2012, 11:36 PM   #2
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Originally Posted by Phobia View Post
State of Missouri law says life insurance pays if policy is more than 365 days old.
That is nice and I'd be curious how many other states have similar laws.

If that were law in California, I figure the population would be cut in half rather quickly.
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Old 12-05-2012, 12:12 AM   #3
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Originally Posted by DaneMcCloud View Post
That is nice and I'd be curious how many other states have similar laws.

If that were law in California, I figure the population would be cut in half rather quickly.
http://www.moga.mo.gov/statutes/c300-399/3760000620.htm As of 2007
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Old 12-05-2012, 09:21 AM   #4
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Originally Posted by DaneMcCloud View Post
That is nice and I'd be curious how many other states have similar laws.

If that were law in California, I figure the population would be cut in half rather quickly.
All states have suicide clauses in their life insurance policies. Most state that the policy has to be in-force for two years before it would pay, but some allow only one year.
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Old 12-05-2012, 07:26 AM   #5
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Originally Posted by DaneMcCloud View Post
Life insurance generally doesn't provide for suicide
That isn't accurate. All life insurance (or close enough as to render the exception negligible) covers suicide. Some plans have blackout periods that must be satisfied before suicide benefits may be paid. Generally speaking, these restrictions are on plans paid for by the individual. If they were paid for under an employer paid group plan, there would almost certainly be no such restriction.
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Old 12-05-2012, 07:48 AM
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Old 12-04-2012, 10:57 PM   #7
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Old 12-05-2012, 12:05 AM   #8
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Eh, she'll blow it all on collector Barbies and Build-A-Bears before she's 10.
either that, or she'll fall victim to Fun Dip, which unfortunately is a gateway to pixie sticks.

sad.
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Old 12-05-2012, 12:34 AM   #9
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either that, or she'll fall victim to Fun Dip, which unfortunately is a gateway to pixie sticks.

sad.
Okay, this made me laugh out loud.
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Old 12-04-2012, 10:58 PM   #10
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shes essentially going to be set for life but at the cost of never having a mother or father during her childhood, teen, and young adult life.

so

it's pretty much

would I rather be poor and have two parents

or

be rich and have no parents


I'd take the first every time over 100k a year. Grandma cant teach her the same stuff mom and dad could have.
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Old 12-04-2012, 11:00 PM   #11
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Originally Posted by mcaj22 View Post
shes essentially going to be set for life but at the cost of never having a mother or father during her childhood, teen, and young adult life.

so

it's pretty much

would I rather be poor and have two parents

or

be rich and have no parents


I'd take the first every time over 100k a year. Grandma cant teach her the same stuff mom and dad could have.
well

judging on who mom and dad were in this case

if I were her I'd take grandma and the money, especially since she'll never have one living memory of mom or dad
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Old 12-04-2012, 11:01 PM   #12
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Originally Posted by Capt Tasty Cheeks View Post
well

judging on who mom and dad were in this case

if I were her I'd take grandma and the money, especially since she'll never have one living memory of mom or dad
when she gets old enough there will be more than enough documentation to see how bad that was, and it could cause some sort of trauma say if they wait to tell her until shes 15, 16, 17, whatever the ****
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Old 12-04-2012, 11:03 PM   #13
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when she gets old enough there will be more than enough documentation to see how bad that was, and it could cause some sort of trauma say if they wait to tell her until shes 15, 16, 17, whatever the ****
I'm sure some people handle things A LOT DIFFERENTLY than me...I have kind of a 'don't really give a shit' or a 'what I don't know, doesn't hurt me' or a 'meh' attitude.

If my dad off'd my mom (hypothetically) when I was an infant and I got, on average, $60K a year every year until I was out of college...

I think I'd be able to deal with it when Grandpa told me when I was 16.
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Old 12-04-2012, 10:59 PM   #14
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Old 12-04-2012, 11:01 PM   #15
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