Geller Law
Insurers are notorious for finding loopholes. Reasons not to pay life insurance benefits. One reason that claims are not paid is suspicion of suicide. Many of us worried that insurers denied claims by MAID as they deemed the death to be by suicide.
If a person commits suicide within 2 years of a policy being bought, then an insurer can refuse to pay the death benefit claim. Many advocates and life agents have worried what this has meant with the legalization of Medical Assistance in Dying (MAID). Until this week, this was an unnecessary worry. Now the veil of secrecy has been drawn back and CHLIA (an insurance industry lobby group and the default insurance standards setter) has published its 2016 Guideline.
Why wait until now until reassuring the public? An unknown, but the policy is pretty good except in cases where corners continue to defame deceased by completing death certificates as death by "suicide" not death by the underlying cause. See for yourself: https://www.clhia.ca/web/clhia_lp4w_lnd_webstation.nsf/page/8AB98E904CD665908525812200675419
It's time for change. This type of policy should not be left to an industry lobby group. This is a matter of public rights and protections. Provincial governments must recognize the will of Canadians and of our courts...and the choice of those who die with the assistance of MAID. #lifeinsurance #Claim #MAID #Time4Change #FSRAO
