What Does Term Life Insurance Not Cover? 
That is a great question ! There seems to be a lot of confusion about what policies cover what . Here is a simple breakdown : Accidental death policies only cover death by accidents , so no sickness , heart attacks , etc. . Graded -LRB- or modified -RRB- policies cover anything , but only pay out the full death benefit after the graded period has elapsed -LRB- generally 2-3 years -RRB- . Term and whole life policies will cover anything , but there can be issues if the death is suicide , or indicative of misrepresentation during the first two years of the policy . Term policies do not cover anything , once the term period has ended . I hope that that helps clear it up for you , please feel free to contact me if you have more questions . Thanks for asking ! 