Does term life insurance cover any death. Like let's say there is an earthquake and the insured dies. Would the term insurance cover it? Or does the insured have to die of old age?
Term life insurance usually covers anything but suicide within the first two years, or acts of war.
However, it depends for how many years you bought the term life insurance coverage for, but if you die within the term time period it pays off. if time of death happens after the term period then it doesn't pay off.
In addition, term life insurance coverage is subject to any exclusions in the policy which may prohibit the pay out of the life insurance due to certain causes of death.
Learn more about how term life insurance works.
Term life insurance usually covers anything but suicide within the first two years, or acts of war.
However, it depends for how many years you bought the term life insurance coverage for, but if you die within the term time period it pays off. if time of death happens after the term period then it doesn't pay off.
In addition, term life insurance coverage is subject to any exclusions in the policy which may prohibit the pay out of the life insurance due to certain causes of death.
Learn more about how term life insurance works.
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