What will happen if an insured commits suicide after the two-year period of coverage?

When an insured commits suicide after the two-year period of coverage, the policy will provide full benefits to the beneficiaries. This outcome is rooted in the principle that, after a specified contestable period—often two years in many life insurance policies—the insurer can no longer contest or deny a claim based on the insured's mental state at the time of death, including suicide.

This policy provision seeks to ensure that individuals who may have life insurance don't feel pressured to hide their mental health struggles prior to expiration of that contestable period. Therefore, assuming the policy is fully in force and premiums have been paid as required, the beneficiaries would receive the death benefit in full if the insured takes their own life after the two-year mark.