How the claim amount will paid in Term Insurance Claim?

[Raj]

Few queries on Term Insurance Claim?
1- What will be the status of a term plan in case of suicide by the Insured after one year of policy?
2- Will the Sum Assured be given to the nominee?
3- Can the Insurer forfeit it in case of proved suicide?

4- Under what conditions Insurer can forfeit the Sum Assured?

Similar Threads:

• Health Insurance premium paid by my mother's Bank account, can I still claim deduction for premium amount under section 80D?
• Can I claim the premium amount paid for "my disabled and dependent sister and brother" under 80D ?
• Lost NSC : How to claim maturity amount?
• How can I trace my policy no and amount and claim maturity amount?
• Claim amount paid - subject to Excess and Depreciation!