Discover what happens with life insurance in Quebec if the insured commits suicide.

Do insurance companies lie to you when they tell you that you will not receive a penny in the case of the insured person’s suicide? Here is the truth about suicide and life insurance in Quebec. If the insured takes his own life, according to the contract, within a period of 2 years, the beneficiaries will not see the payment of the life insurance policy. If you look at all the clauses of the contract, you will normally find explanations why the insurer refuses the payment of the insurance. In these cases, only the premiums will be refunded to the family and this will result in the cancellation of the life insurance policy. It is therefore important to read the insurance contract carefully to know if the insurance company will pay the benefit or not. If you are really unsure, contact the insurer directly and ask for explanations.