Under What Circumstances Will Life Insurance Not Pay? 
Under what circumstances , will life insurance not pay ? Under most circumstances , life insurance pays as soon as a claim form and proof of death are submitted . However , within the first 2 years , policies may not pay -LRB- other than refund premiums -RRB- if there was a material misrepresentation of fact . Something was not disclosed that would have affected the underwriting of the policy . It 's important to tell the truth . For example , if you smoke , declare it , or if you went to see doctor for an issue and did not declare it . Also if death is by suicide within the first 2 years of policy issue or last reinstatement , the policy will not pay . After 2 years , the incontestability period has passed and the insurance company has to prove fraud in order not to pay . This is a guideline only , as the policy wording -LRB- including any exclusions -RRB- and the local laws are applicable . Please consult a lawyer familiar with insurance law . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community . 