Do life insurance rules that deny payment after suicide discriminate against those with mental health issues? If those rules didn't exist would suicide rate increase? - eviltoast

Is the discrimination worth it as a deterrent? Or is it just to save the instance companies $$$?

  • slazer2au@lemmy.world
    41·
    1 year ago

    I don’t think it is discrimination, fraud prevention maybe? in a very loose sense of fraud.

    When you enter a insurance contract you agree to pay x amount until you die or you cancel the contract. By getting the contract then passing away you prevent the income the insurance company needs to keep its house of cards afloat.