facebookDoes life insurance pay for suicidal death in Singapore? - Seedly

Anonymous

18 Apr 2019

Insurance

Does life insurance pay for suicidal death in Singapore?

I heard that if you are covered for at least a year you're actually covered! I just thought it was an interesting fact. TELL ME! And don't worry I'm just a curious cat!

Discussion (3)

What are your thoughts?

Learn how to style your text

Hariz Arthur Maloy

04 Feb 2019

Independent Financial Advisor at Promiseland Independent

Yes, after your first year insured, even suicide is covered. But please read the product summary of your policy, it's usually stated in the first few points.

From what I know the waiting period is one year for cases of suicide. Depending on the contract wording the death benefit may pay out or the policy may be void and the premiums paid will be 'refunded' to the estate. Need to fall back on the contract wording for claims assessment.

Nicholes Wong

04 Feb 2019

Diploma in Business Management at Nanyang Polytechnic

Depends on the life insurance you buy. You have to read your own policy to see if they pay for sucid...

Write your thoughts