Does life insurance pay out for suicide? 
Great question ! After the contestaability period of 2 years , most life policies will pay out for suicide . If suicide occurs before those 2 years are up , the premiums that had been paid will be returned -LRB- depending on the company -RRB- . Some people try to get life policies to help their family pay off debts after committing suicide , but the 2 year waiting period is a good way to discourage that practice . 