Our expert says:
Most don't, for obvious reasons ( imagine how it might encourage suicide in some situations ), but it all depends on the wording of the policy. Some will not cover it for the first year or 3 after the policy is taken out. Some will indeed pay nothing. Some will pay a pension ( as distinct from life insutance payout ) to the extent that it was earned by the individual's working life.
But the most urgent thing is to talk with the person and encourage them to see a shrink urgently and to work on whatever is making them feel this way. As some readers comment, often a severely depressed person becomes so fixed on their own misery as to ignore the impact of their death on others, both financial and more importantly, psychological
The information provided does not constitute a diagnosis of your condition. You should consult a medical practitioner or other appropriate health care professional for a physical exmanication, diagnosis and formal
advice. Health24 and the expert accept no responsibility or liability for any damage or personal harm you may suffer resulting from making use of this content.