INSURANCE/LIFE: Provides with respect to the denial of life insurance following suicide

Summary

The bill changes Louisiana law so that life‑insurance companies can only refuse a claim for suicide during the first two years after a policy is issued. After that period, insurers must pay benefits even if the insured dies by suicide, especially when a mental‑health condition is involved. It also requires clear, conspicuous notice of any suicide exclusion at the time the policy is sold.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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