Does life insurance cover suicide

Does life insurance cover suicide?

On most policies there will be a clause that says suicide will not be covered for the first two years.

Some states, such as Colorado, exclude suicide if it occurs within the first year of owning the life insurance policy.

The exception to the 2-year suicide clause is that some employer-provided group life policies do not contain such a clause. The rationale is simple: Employees are provided several "free" benefits as a way of retaining quality people and most employees who would consider suicide would not bother with going out and consider purchasing a life insurance policy, knowing full well that there would be no death benefit within the first two years of having the policy.