WILL AN INSURED BE COMPENSATED IF HE COMMITS SUICIDE?

The answer for the question above is yes for life insurance only. However, there is a very important condition.

According to the policy contract of life insurance of AIA Berhad, if an insured, whether he is sane or insane, commits suicide within one year from the Issue Date or Commencement Date, whichever is later, the liability of AIA Berhad shall be limited to the refund of premiums paid without interest. In other words, the insured will be compensated by AIA Berhad if he commits suicide after one year from the Issue Date or Commencement Date.

This is not to encourage people to commit suicide after one year from the Issue Date or Commencement Date. Hopefully by imposing the condition, people will have a sufficient time to think whether it is rational to commit suicide before it is too late.