Whether or not your life insurance policy will pay out a claim if cause of death is due to illegal drugs depends on the exclusions in your life insurance policy.
Some life insurance plans may exclude death resulting from a illegal act, for instance robbing a bank. Taking illegal drugs may be considered an illegal act.
However, life insurance may pay out for suicide that occurs after owning the life insurance policy for two years, one year in the state of Colorado.
So, you may want to review all exclusions listed in your life insurance policy to determine what would or would not be covered by your life insurance plan.
Some life insurance plans may exclude death resulting from a illegal act, for instance robbing a bank. Taking illegal drugs may be considered an illegal act.
However, life insurance may pay out for suicide that occurs after owning the life insurance policy for two years, one year in the state of Colorado.
So, you may want to review all exclusions listed in your life insurance policy to determine what would or would not be covered by your life insurance plan.
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