If I buy a term life insurance policy and three month later I die, will my family get the money from my life insurance policy?

Yes, if you are insured and you die your beneficiary will receive the death benefit from your life insurance policy.

They will get the money as long as you didn't lie on your application and didn't commit suicide.

In most states there is a two year exclusion for suicide in life insurance. However, some states have a one year exclusion.

Also, the inconte...

The usual beneficiaries of a life insurance policy are the spouse or children of the insured person.

However, if a person has a financial interest as in a business, they can the business as the beneficiary of the life insurance.

This is sometimes the case with a key man life insurance policy when a business's top sales person based on their value to the business is named as the insured, and the business is the beneficiary.

Otherwise, the owner of the life insurance policy names...