Help Life insurance and premeditated suicide

[artificial_ineptness]

Many insurance companies do (seemingly) pay out life insurance in the case of suicide, given that a certain period of time (as defined in their agreement, often like 2 years) has passed after signing or changing the agreement. The period is intended to prevent someone from taking it out and then ctb, so I'm wondering what would happen in the case if someone were to take out the insurance with the intent of just waiting that suicide clause period out and then taking themselves out?

Do they investigate the situation (any suicide) looking for any reason to deny the claim? Is it considered insurance fraud? Is it fine as long as you dont blatantly tell the insurer that you're doing that? What would even constitute evidence for premeditation? Does it just happen so rarely that they don't care and just pay out the insurance claim?

Couldn't really find anything on this (maybe because its/Im stupid or something), so any information on how insurance companies handle suicides or about any claims that were denied due to premeditation would be highly appreciated.

 

[Hercules]

Most insurance companies have a suicide clause where they will not pay out benefits if someone commits suicide in the first 2 years. After 2 years have passed, they will pay your beneficiary the full amount even if it is a suicide. You are covered.
When someone apples for life insurance, they go back and look at your medical history for at least 5 years before they will approve you. If you have had a previous suicide attempt that has been documented, it is unlikely that they will give you a policy. If you lie on the application when they ask about your medical history in order to get the policy, and the insurance company later finds out that you lied, they won't pay out the life insurance. They would just refund the premiums that you paid.

 

[myownpetvirus]

I'm considering this