This section covers the legal liability of insured person for any physical injury or loss or damage to the property of third party. (policybazaar.com)
If you are the beneficiary of a life insured person who committed suicide, and the policy was older that two years (depending on what company and state), then yes. (answers.com)
Discount of 7.5 % if insured person pays two year premium in advance as a single premium. (oneinsure.com)