One Comment on âFour Seasonsâ. [â¦] A season is a division of the year, marked by changes in weather, ecology, and hours of daylight. Seasons result from the yearly revolution of the Earth around the Sun and the tilt of the Earthâs axis relative to the plane of revolution.
Exclusion Clauses. Typically, a suicide exclusion clause states that the insurance company does not have to payout if an insured person commits suicide within two years of the purchase of a policy. If an insured person commits suicide after two years, the insurer usually has to make a payout.
In virtually every traditional life insurance policy in our country there is a two year suicide clause. Simply put, for the first two years of the policy the company does not have to pay a death benefit it death is due to suicide.