Category: Insurance tips Release Date: 2006-08-01
Suicide in terms of life insurance, except to commit suicide as a responsibility, mainly in order to avoid deliberate suicide attempts by family members attempt to obtain an insurance premium, which breeds moral hazard, and affect the normal accounting of insurance companies. The so-called suicide, there is the broad and narrow sense. Generalized suicide, who shall be non-homicide committed suicide, but legally speaking, suicide is only the intention to commit suicide, but suicide, such as fault slip fell into the water, pistol fire, swallowed poison, and Xin-Zhi loss, confusion when the belong to the fault of the formation of suicide committed suicide. No suicide intentions, can not be called suicide. Thus, the general insurance is often stated in terms of the words deliberately commit suicide. The risk of suicide due to the general exclusion of liability shall be, rings are also differences of opinion on this. Many do not think that there is no reason to commit suicide as an exemption of all completely rule out this danger, then, may decrease the value of life insurance, and has the potential to be dependent because of the suicide death of the insured person who can not get insurance Kim greeted with at least difficulties in life, let alone suicide is the composition of the various elements of the entire death in one of the millions of deaths due to suicide can be included in the calculation of insurance premiums, according to the death list. Thus, in accounting to avoid moral hazard as long as there is no need to also include natural Yigai exclusion. In short, suicide clause is intended to provide insurance companies will not deliberately committed suicide after being insured person of similar acts of fraud losses, it is only limited to the terms and conditions issued by the insurance policy or after the effective recovery within a year or two after the suicide except as a responsibility, in this period of suicide, are not covered by insurance, only the return of the premium paid. But most trends, constraints of time have largely extended for two years, more than two years of suicide in Beijing for the insurance shall be the responsibility of Jane. This is because, under normal circumstances, it is difficult to imagine a person likely to commit suicide a number of years before the premeditation and was put into practice a few years later, even if the estimated number of years ago there have been such an attempt, when not caused by easy to commit suicide. To this end, provisions of suicide after two years as an insurance liability. In response, insurance companies should pay death benefits. In this way, both appropriate to prevent the moral hazard to protect the interests of the insurer's normal, but also protect the beneficiaries or the insured person will not be because of family survivors of suicide can not be a normal life. But of course do not apply to accidental injuries, in order to accidental injury insurance coverage, as on the live pay all responsibility for deliberately committing suicide. At present, China Life Insurance Terms Simple does not take into after two years of natural as insurance liability, still to be a suicide, regardless of time as an exclusion.
