New Suicide Exclusion endorsement in Arizona, Colorado and Missouri
The Compact approved certain amendments relating to life insurance suicide exclusions. These amendments maintain a maximum suicide exclusion period of up to two years and include an exception requiring a shorter maximum suicide exclusion period where required by state law.
While the Compact default standard is a two-year suicide exclusion, some Compact states (AZ, CO, and MO) already require shorter suicide exclusion periods. These Compact amendments require that an endorsement be added to policies in those states.
A letter explaining the change along with a copy of the endorsement will be mailed to clients with affected policies the last week of October.
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Questions?
Please call our Securian SecureCare Sales Support Team at 1-888-900-1962.
New Suicide Exclusion Endorsement
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