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 incontestability clause is for two years in a life insurance policy. This means, the insurance company has two years from the date you buy your life insurance to contest any claim based on material misrepresentation on the application for life insurance. Learn more about how term life insurance works.
