What Does Term Life Insurance Not Cover? 
Interesting question . Makes me wonder if the above answers address what you meant to ask . So the points covered above are mostly what term life insurance does cover . What term life insurance does NOT cover is the risk of death after so many years as specified in the contract . Hence the `` Term '' In the name . Also term insurance ca n't be purchased for a person of 80 or the latest 85 years of age . Term insurance has no cash value so it does n't `` cover '' the need for a guaranteed tax-free growth of wealth like a Whole Life Insurance can . Term insurance ca n't `` cover '' the need for retirement income supplement like Whole Life can . As mentioned above no insurance including Term will cover suicide in the first two years of the policy . And of course also as mentioned above there is a contestability period with all life insurance to mitigate deliberate misinformation in order to obtain a policy . If fraud is proved on a claim within the contestability period the claim will be denied . 