Suicide Is Not The Answer If You Need Help Financially

Category: Finance, Insurance.

Unfortunately, during the holiday season, is when the most suicides happen. I wanted to know what people were saying about life insurance and suicide.

This I found out when researching for this topic. These google discussion group topics were a few years old, however they re still relevant and horrifying. This was one of many post that I have read while doing research. It still shocks me that people openly talk about committing suicide in an open forum. (I hope that google is some how monitoring these discussions) I find it rather disturbing that someone would be asking for help in how to commit suicide and to make their death look natural so that the life insurance would pay out. QUESTION: How long can you wait after purchasing life insurance before you can committ suicide? According to Erik" You can t buy a policy today, kill yourself tomorrow and have your beneficiaries reap the cash benefits of your death" .

To answer this question, we asked Erik Haynes of Conservest Inc. located in Toronto, Ontario. Most policies have at least a 2 year waiting period. The other point is this: how would the beneficiaries of this" suicide money" feel? Hopefully, people looking at, during that time a solution such as this, would seek help professionally if they feel like they are in a hopeless situation. Even though they receive$ 250, 000 or$ 500, this money would, 000 cash benefits be pretty sour for them to spend knowing you killed yourself so they could get it! It is pretty disturbing that people would openly talk about suicide on the internet. You should always read your life insurance policy to know what you have agreed to.

While it may seem anonymous, I am hoping that someone would report something like this in the hope of getting help for them before it actually happens. I noticed no activity after a while. After writing this article, I checked the post that I was referring to. Hopefully, they received help for their problem and not the other way around. Suicide is not the answer if you need help financially. GET HELP.

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