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When does exclusion not apply for life insurance proceeds

User Lini Sax
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1 Answer

5 votes

Final answer:

The exclusion does not apply for life insurance proceeds when the policyholder dies, when medical expenses are incurred, when a car is damaged, stolen, or causes damage to others, and if a dwelling is damaged or burglarized.

Step-by-step explanation:

The exclusion does not apply for life insurance proceeds in certain situations:

  • If the policyholder dies
  • When medical expenses are incurred
  • When a car is damaged, stolen, or causes damage to others
  • If a dwelling is damaged or burglarized

In these cases, the life insurance policy pays out to cover the costs or damages.

User Javierfdezg
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