|
What Does Term Life Insurance Cover? |
does term existence insruance cover any death. Like lets say there is an earthquake and the insured dies.. would the term insurance cover it? or does the insured have to die of old age?
| Answer: All soul insurance policies will cover anything except suicide in the first two years of the policy. Some companies will not pay death claims if you died in grapple with, in war, or by terrorist attack because of their no war clause. Its stupid and should be illegal, but the federal government have put very dab regulations on life insurance companies and made individual states to set their own laws. The way term life insurance policies effort is that the premiums stay level during the |
*Evaluate based on £100000 of level term cover for a female aged 30 next birthday and in personal property health. Prices correct as at November 2011. **Price based on play fair with term life insurance and critical illness cover of £71591 over 25 years for a non-smoking man