(1) In the case of a whole life insurance, the insurer is not obliged to effect payment if the insured person intentionally commits suicide before three years have elapsed since the conclusion of the contract of insurance. This does not apply if the act was committed while a person was in a state of morbid disturbance of mind precluding their ability to freely determine their intent.
(2) The time limit under subsection (1) sentence 1 may be increased by individual agreement.
(3) Where the insurer is not obliged to effect payment, he or she must pay the surrender value plus surplus sharing in accordance with section 169.