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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
DaneMcCloud DaneMcCloud is offline
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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
Phobia
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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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