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Life insurance?
Thread starterTerminallyAlive
Start date
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Has anyone looked into life insurance, specifically to see how to get a payout when you ctb? I've heard that some will only cover accidental death and others have a two year period before a payout for a suicide. Does anyone know which are which? Any knowledge anyone can share would be super helpful.
Has anyone looked into life insurance, specifically to see how to get a payout when you ctb? I've heard that some will only cover accidental death and others have a two year period before a payout for a suicide. Does anyone know which are which? Any knowledge anyone can share would be super helpful.
There is a clause in the small print most times you have to pay for a minimun 3/5 years and accidental death and suicide are covered but there are different clauses as they are aware of people taking out life insurance and CTB to ensure the next of kin are well off. Always read the small print before taking out a policy so you know what your paying for and what you will receive.
Have set aside money for family to pay funeral. Not being horrible but wouldn't want parents to profit from ctb. I know that could annoy people but they don't deserve it.
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