For all life insurance policies issued on or after September 13, 2024, the suicide exclusion period will be changed from 1 year to 2 years. Existing life insurance policies will remain unchanged:

• For Bowtie Term Life Insurance customers with policies issued on or before September 12, 2024: death due to suicide within one year from the policy effective date, will not be covered by Bowtie Term Life Insurance.
• For Bowtie Term Life Insurance customers with policies issued on or after September 13, 2024: death due to suicide within two years from the policy effective date, will not be covered by Bowtie Term Life Insurance.

The change in terms means that for policies issued on or after September 13, 2024: Bowtie will only provide coverage for death by suicide (whether sane or insane) if it occurs 2 years after the policy effective date.

Click here for a detailed explanation of exclusions.