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When life insurance companies refuse the claims on payments

Sometimes insurance company refuses its client. What is the reason for refusal? Refusal to make the payment under personal insurance contract is induced by the fact that clients hide their illnesses or sports, writes Forbes.
When life insurance companies refuse the claims on payments

The insurer also has the right to refuse insurance payment if the insurance event occurred before the start of contract or before the start of insurance period, or after the contract expiration.

Besides, life insurance companies refuse to pay when a person commits suicide. However, the refusals in this case are possible in case of deliberate committing suicide in order to get insurance payment by the beneficiary.

Use of alcohol, toxic substances, as well as narcotic, potent and psychotropic substances, medical preparations without doctor's prescription or prescribed by a doctor but exceeding dosage, or having medical procedures without doctor's prescription are also the reasons for claim denial (coverage amount).

Source: https://www.forbes.com/advisor/life-insurance/reasons-for-claim-denial/

Photos are from open sources.

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