Life insurance over 50, or even for younger people can be quite tricky in some cases, especially when some sort of problem is involved. Policies, especially in the personal accident insurance exclude certain possible problems such as suicide, or even those who had previously shown issues such as depression. Therefore, it is important to analyse the market situation before such issues, especially because of the fact that some of these people that deal with depression and a possible suicide have a life insurance.

Anxiety & Depression Life Insurance – A complex matter.

At first, it may seem that this is a peaceful theme, clear, logical, indisputable. Suicide is an event discovered by the insurance policies, which is why before its occurrence is not necessary to speak in payment of compensation. The insured’s suicide is one of the topics within the Anxiety & Depression Life Insurance universe that perhaps causes the biggest questions of interpretation and criticism of the law that was formed on the matter, especially regarding the procedure adopted by the technical areas of insurance, especially because the content the exclusions to suicide event, set the general policy conditions now, as a rule, to be of little or no practical effect because they are rejected by this major legal understanding.

Depression, Suicide and Life Insurance - A Case Study

The first question imposed on the judiciary, through numerous lawsuits, debating the validity of the clause which excluded generally, suicide practiced by the insured, be it voluntary or involuntary. The rule in such cases is to consider involuntary suicide as accidental death, since it is assumed that act as unconsciousness and mental imbalance, as a person who threatens life itself is not, even temporarily, within the normal range of his mental faculties, while the insurer the burden of proving that the insured acted willfully and consciously, with a rational intention to put an end to his life therefore cancelling his Anxiety & Depression Life Insurance.

Practice is much different.

In practice we have seen is that only avenge the thesis of non-coverage and hence the non-payment of compensation in situations where it is clearly seen premeditation, ie the bad faith of the insured, for example, where that it leaves farewell tickets, citing the existence of safe and still hires the date on safe enough near the day that commits suicide. In fact some insurances already state that suicide will not be covered in any way, even if the person already had depression or any other type of mental illness, even if we are talking about Life Insurance Over 60.You can find more detail on our blog

It is important to talk to your insurer and read every single clause of your insurance contract.

Those situations are not always easy to be proved and bring an important issue which is the evidential burden in consumer relations that with the advent of the consumer code now has its reversal in favour of the consumer required. Therefore, in order to avoid possible problems it is very important to read every single clause of your insurance contract and ask questions as you do your insurance,find more detail on our blog. otherwise you might spend decades in court trying to get your family`s Anxiety & Depression Life Insurance money.