Amy purchased a life insurance policy with the intent of committing su

Amy purchased a life insurance policy with the intent of committing suicide to pay all the debts that were burdening her family

If she commits suicide 9 months after the policy is purchased, and the insurer is able to prove that her death was a suicide, how much will be paid by the insurance company?
A) nothing, because the policy is void
B) the premiums paid for the policy
C) the policy’s cash value
D) the face value of the policy

 

 

ANSWER

Answer: B

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