What Does Life Insurance Not Cover? 
The only thing that all life insurance policies do not cover is death due to suicide in the first two years of the policy . Some policies will exclude death caused during the commission of a crime , or by acts of war or terrorism . Others could have a stipulation , such as death caused by parachuting , but that will be an exception stated explicitly in your policy for your particular situation . Life insurance pays for death due to old age , anything health related , and accident . This covers the vast majority of causes of death . 