Even with insurance, medical payments were hundreds of thousands of dollars each month.
Jesus. My father died of lymphoma after fighting it for 8 years or so, and he was miserable for a lot of that time. Luckily (if you can call it that), he was a military veteran and the VA took care of the treatment, but even with the treatment, his quality of life wasn’t good. If I get cancer, I’d rather just kill myself before it reaches that point than bankrupt my family. It’s pretty fucked that that’s something we have to think about.
Ahh but that’s why they sell you life insurance, so you won’t kill yourself and the family can use the payout to pay off your medical debt. Maybe. Ain’t capitalism grand?
In the sense that insurance companies often do anything they can to weasel out of a payment, I agree with you completely.
Many have provisions for that cause of death not qualifying that expire after two years, and sometimes they have a provision to pay a reduced amount or a clause where if you change the policy the two years resets.
I have a sibling that works in a relevant area of law to this, so I haven’t researched it extensively I just take them at their word because they have worked on cases where this is relevant (people who are terminal ending their own lives medically).
Jesus. My father died of lymphoma after fighting it for 8 years or so, and he was miserable for a lot of that time. Luckily (if you can call it that), he was a military veteran and the VA took care of the treatment, but even with the treatment, his quality of life wasn’t good. If I get cancer, I’d rather just kill myself before it reaches that point than bankrupt my family. It’s pretty fucked that that’s something we have to think about.
Project 2025 is putting an end to that.
Ahh but that’s why they sell you life insurance, so you won’t kill yourself and the family can use the payout to pay off your medical debt. Maybe. Ain’t capitalism grand?
There’s usually a clause for that kind of death and it only doesn’t pay out for like 2 years usually. I’d get a lawyer to look to be sure
Many life insurance policies simply do not pay out in the case of suicide.
In the sense that insurance companies often do anything they can to weasel out of a payment, I agree with you completely.
Many have provisions for that cause of death not qualifying that expire after two years, and sometimes they have a provision to pay a reduced amount or a clause where if you change the policy the two years resets.
I have a sibling that works in a relevant area of law to this, so I haven’t researched it extensively I just take them at their word because they have worked on cases where this is relevant (people who are terminal ending their own lives medically).
Hypothetically speaking, what if you’re killed by a cop?
I think there are some that have clauses about dying during the commission of a crime.
No need for hypotheticals. There have been several documented cases of insurance denying payouts to victims of “suicide-by-cop”:
https://www.insurancebusinessmag.com/us/news/breaking-news/insurer-moves-for-dismissal-of-lawsuit-in-suicide-by-cop-case-104373.aspx
https://www.cbsnews.com/miami/news/life-insurance-rejected-in-suicide-by-cop/
https://www.enterprise-journal.com/most-recent/her-son-was-gunned-down-she-was-denied-his-life-insurance-payout-and-lexington-police-64f113f5b4690