If there is not already enough angst and stress in this life, can you imagine the anxiety and stress you would feel from the grave if your loving wife could not collect that $50,000 life insurance claim after your death? Yeah, that same term life policy that you have been faithfully paying premiums into for the last 15 years.
We received this AARP term life advertisement in the male with the nursing home and suicide condition you see in the picture. If you have been in the nursing home more than 6 months or 180 days you do NOT have to pay your life insurance premiums anymore. I guess New York Life must figure you will be dead soon enough so no worries for their profitability. Also if you do NOT commit suicide within 2 years of purchasing term life policy, then your wife can still collect when you kick the bucket.