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..
Yep, you're right, I was thinking of the suicide clause.
Does any one know if life insurance policies have a clause or exclusion if the spouse kills the other is the policy void? Wonder if he also had a million dollar policy.
Must have been some greedy life insurance agent selling that high a limit. I would think based on age and amount it would have been flagged. It takes a good 30 days for companies to issue.