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Omar bought a term life insurance policy nine years ago and converted it to a permanent policy last year. Yesterday, Omar committed suicide. What will
Omar bought a term life insurance policy nine years ago and converted it to a permanent policy last year. Yesterday, Omar committed suicide. What will the Insurance company do? Omar bought a term life insurance policy nine years ago and converted it to a permanent policy last year. Yesterday, Omar committed suicide. What will the Insurance company do? Pay the death benefit because the conversion to a permanent policy is treated as an extension of the original policy Send a condolence card to the beneficiary Pay a Refund of Premiums Deny payment because the death benefit is not payable when the life insured commits suicide within two years of converting to a permanent policy
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