Does life insurance cover death by suicide in Nevada?

Most life insurance policies in Nevada cover death by suicide after the policy has been in force for a specified period—typically two years. This provision, often called the suicide exclusion, is standard in most life insurance contracts and is permitted under Nevada law.

If the insured dies by suicide within the first two years of the policy (or one year in some policies), the carrier typically returns only the premiums paid rather than the full death benefit. After this period, the full death benefit is payable.

For group life insurance policies, the suicide exclusion period may be shorter or waived entirely, depending on the employer's plan documents.

This provision exists because of concern about adverse selection—people in crisis might purchase large policies shortly before taking their lives. The waiting period reduces this risk while still ensuring that longstanding policyholders' families are protected.

If a loved one has passed and the policy is older than two years, the carrier cannot deny the claim on suicide grounds in most circumstances. If the death is within the exclusion period, beneficiaries can expect premium refund rather than full benefit payment.

The National Suicide Prevention Lifeline (988) provides immediate support for those in crisis. If you or someone you know needs help, please reach out. Agents in our network can sensitively handle insurance questions during difficult times.