Refusal to evacuate a building
by Teri K
If a fire alarm goes off in a business building and someone refuses to evacuate and they end up being killed, would this be considered a suicide? And if so would a life insurance policy still be valid. Death due to Building Fire?Hi Teri, It is hard to imagine that the claim would be denied in a case like this. Most life insurance companies in Canada have a suicide exclusion that ends after two years. So even if it was deemed a suicide, most policies would pay the benefit. Ask another question at Life Insurance Questions Other pages of interest:Term Life Insurance in Canada Whole Life Insurance Canada Term or Whole Life Insurance Canada Life Insurance Disability Insurance Canada Note: Keep in mind that insurance licensing, legislation, and policies often vary by province and most certainly by country. Canada Insurance Source is a free information source. So use this site to gain a general understanding of insurance with your own area and situation in mind. This insurance information is general in nature and the policy wordings always take precedence. It is possible that there are errors and omissions in this website and www.canada-insurance-source.com, or its authors, take no responsibility. Make sure you review the "please read" page. www.canada-insurance-source.com |