Life insurance plans are usually quite straightforward. In short, if you die, your plan pays. But there are some things you won’t have cover for.
- Death arising from a pre-existing medical condition or related condition
- Death arising from your negligence or deliberate exposure to danger
- Suicide within the first year of your plan
- Death while you’re in Iran, Libya, North Korea, South Sudan, Switzerland, Syria or Yemen
There are some other exclusions that you should be aware of, so it’s important to read the terms and conditions before you purchase a life insurance plan.