Suicide Benefits? - Life Insurance Discussion

Once does not want to think about suicide, life insurance and holidays. But, unfortunately, during the holiday season, suicides tend to be higher. This was something that stood out when I started looking into this topic.

It was rather disturbing to see people talking about suicide on public forums. It was horrifying and relevant at the same time.

I find it rather disturbing that someone would be asking for help in how to commit suicide and to make their death look natural so that the life insurance would pay out. This was one of many post that I have read while doing research.

QUESTION: Can you purchase life insurance and then immediately commit suicide?

Erik Haynes of Conservest Inc.,Toronto, Ontario, answered this question for us. According to Erik "You can't buy a policy today, kill yourself tomorrow and have your beneficiaries reap the cash benefits of your death". There is a 2 year waiting period and it is hoped that someone who feels that suicide is the only answer to their problem would seek professional help.

Ask yourself this: Your beneficiaries receive $250,000 or $500,000 in cash benefits. Think about how they would feel every time they spent some of it know that you killed yourself.

It's always best to read your life insurance policy and check with your lnsurance agent so that you'll know what you agreed to.

While it may seem anonymous to be talking about committing suicide on the internet, one would hope that if someone knows who it is talking about suicide, they would get someone involved and hopefully be able to prevent this from happening.

BTW... I checked the person who posted the above and they stopped posting a week after these initial posts. That's pretty scary!

Suicide is not the answer if you need life insurance benefits for financial problems.

About the Author:
Some people think of commiting suicide so that their spouse can receive their life insurance benefits! Read this article to see why commiting suicide IS NOT the way to give your spouse a life insurance present! Click Here. Don't reprint this exact article. Instead, reprint a free unique content version of this same article.