What Types Of Death Does Term Life Insurance Cover? 
Term life insurance covers all types of death except suicide in the first two years . This includes death due to accident , illness , accident caused by illness , and old age . After two years , it even covers suicide . There may be some exclusions like death caused while committing a felony . And if you are a pilot who did not get a policy that covers flying , your policy will not pay out if you die while piloting a plane . These exclusions will be clearly spelled out in your policy . 