A clause that prevents the insurer from paying under a policy if the insured killed himself is?
-
A.
exceptional clause -
B.
revival clause -
C.
accidental clause -
D.
suicide clause
Correct Answer: Option D
Explanation
The “suicide clause.” Usually, this clause states that no death benefit will be paid if the insured commits suicide within two years of taking out a policy. Whenever an insured person replaces an existing life insurance policy with a new one, the time clock for the suicide clause is set back to zero and starts over again.