Would Your Life Insurance Policy Cover Death by Radiation Poisoning?

Life Quotes reveals what is and is not covered on a life insurance claim

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Mar 22, 2011, 05:00 ET

DARIEN, Ill., March 22, 2011 /PRNewswire/ -- The aftermath of Japan's multiple nuclear reactor leaks that were caused by the recent earthquake and tsunami in Japan, combined with the heightened fear of an unstoppable wind-borne spread of radiation into other countries has some Americans asking, "Would death from radiation poisoning be covered by my life insurance policy?" Insurance experts say it would.

"The standard U.S. life insurance policy covers death by any cause at any time in any place, except for suicide within the first two policy years in most states or one year in some states," said Phil Young, life insurance policy analyst for Life Quotes, Inc. "So, yes, death by direct radiation poisoning or death by an eventual cancer or other radiation complication would be covered by the typical comprehensive life insurance policy."

Young continued, "In our experience, interest in life insurance always shoots up whenever there is a natural or man-made catastrophe in the news as is the case right now. Life insurance prices have also just dropped to all-time lows, which makes this an ideal time to shop rates and review your coverage. We recommend that each family breadwinner carry no less than ten times their annual income and we recommend $300,000 for non-working caregivers or parents."

At Lifequotes.com visitors can compare the rates of 30 leading life insurance companies in seconds and have the freedom to buy from the company of your choice.

For more about hazards and life insurance coverage, see http://www.lifequotes.com/articles/how-life-insurers-classify-your-risky-job/

About Life Quotes, Inc.

Originally founded in 1984 as Quotesmith Corporation, Life Quotes, Inc. owns and operates a comprehensive consumer information service and companion insurance brokerage service that caters to the needs of self-directed insurance shoppers. Visitors to the Company's website, www.lifequotes.com, are able to obtain free, instant car insurance quotes, instant life insurance quotes, home, business and health insurance quotes from leading insurers and have the freedom to buy online or by phone from any company shown. Life Quotes, Inc. generates revenues from receipt of industry-standard commissions, including back-end bonus commissions and volume-based contingent bonus commissions that are paid by participating insurance companies. We also generate revenues from the sale of website traffic and insurance leads to various third parties.

SOURCE Life Quotes, Inc.