Securing life insurance is a crucial step in providing financial protection for loved ones, and seeking life insurance quotes over 50 is a common consideration. AARP life insurance and New York Life are among the reputable providers in the industry. While life insurance offers peace of mind, it’s essential to be aware of its limitations. In this article, we explore seven things that life insurance typically does not cover, shedding light on the nuances of coverage to help individuals make informed decisions when choosing a policy. 1. Suicide within the contestability period Life insurance policies often include a contestability period, typically the first two years after the policy’s inception. In the unfortunate event of suicide during this period, the insurance company may contest the claim, and the payout to beneficiaries may be denied. After the contestability period, most policies cover suicide as any other cause of death. 2. High-risk activities and hobbies Engaging in high-risk activities such as extreme sports or hazardous hobbies may lead to exclusions in life insurance coverage. If the insured dies while participating in these activities, the policy may not pay out. It’s crucial to disclose such activities during the application process to ensure transparency and avoid potential coverage gaps.