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.
If you commit suicide within the first year or two years of the contract, the beneficiary would receive the premiums back but not the death benefit, he says. Unlike property and casualty insurance, life insurance has no standard form, so policy terms, prices and exclusions vary widely by company.