Does life insurance pay out for suicide? 
If a person is having suicidal thoughts when purchasing a life insurance policy and has been treated , the insurance company will decline the application . Therefore , without that knowledge , the life insurance company will protect themselves with a two year contestability clause . This gives the carrier a two year window just in case anything was missed during underwriting . After the two years suicide or any other cause of death is then covered except a cause specifically excluded by the policy such as act of war . 