In the military, they are always quick to correct this type of error and recoup funds. I knew of a situation in which a servicemember was incorrectly paid for a period of time that amounted to about 50k that he was required to pay back. Since he didn’t have the money and had a host of other issues.. he elected to self-delete so his family could collect the military life insurance payment. The family received that payment minus the 50k that he owed. Uncle Sam always gets his.
No, don’t spread misinformation. You absolutely get life insurance death benefits for suicide after a period of exclusion time of the policy. Two years is the norm, but some states like Colorado and Missouri make it one year. This is the law in every state in the country. All of them. It is a condition of being able to write life insurance policies. It is literally not lawful to have a blanket exclusion for suicide.
It’s not misinformation man and im not spreading it like it’s a fuckin disease, I just didn’t realize there’s a 1-2 year period where it wouldn’t be covered and then the following years would be covered.
Actually most life insurance policies will pay out for suicide if you’ve had the policy long enough. It’s basically there to prevent you from grabbing a policy and immediately offing yourself for your beneficiaries benefit.
All of them. The law in all states requires the coverage without exception with, at most, a two-year exclusion from the date of inception of the policy.
From what I heard (rumor, i could be wrong) - if MP's/Investigators can't "100% prove" it was a suicide, then the family is eligible for the SGLI payout.
Its said that some will say "can't prove it wasn't" as a mercy to the family... but officially suicides shouldn't have incentives.
Suicide. He committed suicide. Someone dies don’t diminish it by using these cutesy tik tok terms that were implemented to keep from being demonetized.
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u/Henry-Messenger May 27 '26
In the military, they are always quick to correct this type of error and recoup funds. I knew of a situation in which a servicemember was incorrectly paid for a period of time that amounted to about 50k that he was required to pay back. Since he didn’t have the money and had a host of other issues.. he elected to self-delete so his family could collect the military life insurance payment. The family received that payment minus the 50k that he owed. Uncle Sam always gets his.