The Todal wrote:
> "Palindrome" wrote in message
> news:U1iUj.107520$3k2.13696@fe10.news.easynews.com...
>> Alasdair wrote:
>>> "The 32-year-old, believed to be Mark Saunders, a barrister, died
>>> after earlier exchanging shots with police in Markham Square,
>>> Chelsea".
>>>
>>> It must be most unusual for a barrister to get involved in a shoot-out
>>> with police. Does anyone know what this is all about?
>>>
>> AFAIK, far more solicitors lose the plot and use a shotgun for personal
>> plaque treatment than barristers. From what I have read about this little
>> episode, it does rather sound like death by cop.
>>
>> I assume that life insurance companies treat such adventures in much the
>> same way as suicide and refuse to pay out?
>
> I would be surprised if there was any general rule or policy term that
> entitled an insurance company to avoid paying out if the policyholder
> commits suicide. Maybe it is occasionally inserted into a policy, but I
> think customers should refuse to sign up to that.
>
> However by all means check your policies or search online and see if you can
> find a clause that deals with suicide.
>
>
>
I don't have any policies on my own life - I did find this from a web
search, though:
"Term life insurance provides insurance for a set number of years for a
specific premium every month and if the owner of the policy dies within
that set number of years, the company pay the benefit. This is one of
the few types of policies that may pay out in the event of a suicide."
I also found another example, where a company refused to pay out, until
told that it was linked to a mortgage?
Plus several other references stating that companies wouldn't pay out,
if the suicide was within x years of the policy being taken out.
Could the insurance companies not argue that anyone that refused such a
condition were clearly considering suicide and thus not an acceptable
risk, anyway? ;)
--
Sue
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