What’s not covered by my life insurance?
Your life insurance won’t cover you if you commit suicide within the first 12 months of the policy being active.
It also won’t cover you if any important details were not disclosed during the application process. For example, if you died of lung cancer from smoking but didn’t tell us when applying that you smoked, this would mean your policy would be invalidated and therefore wouldn’t payout.
If you have a joint life insurance policy, one factor to consider is that the policy only pays out once – if your partner were to pass away before you, that policy would no longer apply to yourself.