What happens if I die right after getting life insurance?

If an insured person dies right after getting life insurance, what happens next depends on the cause of death. If the death is the result of natural causes or something not specifically excluded from the policy, then the beneficiary should receive the payout. However, the insurer has a right to contest the death benefit claim request in the first two years of the policy. If it’s found the insured committed fraud or omitted something from the application, or died by a cause not covered by life insurance, like committing suicide, then the claim may be denied.

Does life insurance cover cancer?

Life insurance does cover cancer since it falls in the natural causes category. But if the insured had cancer prior to filling out the application and lied on the application, the insurance company has the right to review the claim and deny the beneficiary the payout.

Why do insurers deny life insurance claims?

There are several reasons insurers deny life insurance claims. These include the death occurring during the contestability period, the type of death not being covered by the policy, failing to disclose information on the application, lying on the application or failing to pay premiums and allowing the policy to lapse.

What Types of Death Are Not Covered by Life Insurance?

About Mandy Sleight, Licensed Insurance Agent

Mandy Sleight is a licensed insurance agent and has worked in the industry since 2005. She has her property, casualty, life and health licenses. Mandy has worked for well-known insurance companies like State Farm and Nationwide Insurance, and most recently as the Operations Coordinator for a startup employee benefits company.

Mandy earned her Bachelor of Science degree in Business Administration and Management from the University of Baltimore and her Master of Business Administration from Southern New Hampshire University. She uses her vast knowledge of the insurance industry and personal finance combined with her writing background to create easy-to-understand and engaging content to help readers make smarter choices with their budgets and finances.

What Types of Death Are Not Covered by Life Insurance?

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