QuestionJuly 16, 2025

Question 2 of 90 The owner of a whole life policy with an accidental death rider dies by suicide after having the policy for 18 months. What is the insurance company's course of action? A. Deny any payment of death benefit B. Deny only payment of the face'amount but pay the rider since suicide is an accident C. Pay twice the face amount D. Pay the face amount only because suicide is not an accident

Question 2 of 90 The owner of a whole life policy with an accidental death rider dies by suicide after having the policy for 18 months. What is the insurance company's course of action? A. Deny any payment of death benefit B. Deny only payment of the face'amount but pay the rider since suicide is an accident C. Pay twice the face amount D. Pay the face amount only because suicide is not an accident
Question 2 of 90
The owner of a whole life policy with an accidental death rider dies by suicide after having the policy for 18
months. What is the insurance company's course of action?
A. Deny any payment of death benefit
B. Deny only payment of the face'amount but pay the rider since suicide is an accident
C. Pay twice the face amount
D. Pay the face amount only because suicide is not an accident

Solution
4.1(281 votes)

Answer

A. Deny any payment of death benefit Explanation 1. Understand Policy Terms Whole life policies typically have a suicide clause that denies payment if death occurs by suicide within a specified period, usually 2 years. 2. Analyze Accidental Death Rider An accidental death rider covers deaths due to accidents, not intentional acts like suicide. 3. Determine Course of Action Since the policyholder died by suicide within 18 months, the suicide clause applies, denying any payment.

Explanation

1. Understand Policy Terms<br /> Whole life policies typically have a suicide clause that denies payment if death occurs by suicide within a specified period, usually 2 years.<br /><br />2. Analyze Accidental Death Rider<br /> An accidental death rider covers deaths due to accidents, not intentional acts like suicide.<br /><br />3. Determine Course of Action<br /> Since the policyholder died by suicide within 18 months, the suicide clause applies, denying any payment.
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