Don't most life insurance policies have a 1 or 2 year period where they won't pay off just so the incentive of offing your spouse isn't quite so available?
NO way a policy is "issued" and in force in a few days for that amount..It was applied for..but no company would issue a policy on her for that amount..there is no insurable interest to justify the coverage...BTW...you are referring to suicide clauses..
Why would anyone purchase such a policy? I don't think there are too many policies like that.
You would think that there would be laws in place to protect people from this kind of situation. I'm Wendy's sister and believe me, my second thought was that the insurance company should be held responsible. They cost me my baby sister. My first thought was the slime that she married. It was obvious he was no good from the start. Wendy was a sweet, naive girl with a wonderful life ahead of her. Age has nothing to do with this. When you love someone and you marry them for that exact reason, age doesn't matter. He only had one thing in mind. $$$$$$$$