Life insurance and (premeditated) suicide

According to this article it would cost $15 a month for a healthy 30 year old woman to be insured for $1 million. And that’s for a 10 year term.

Considering insurance companies will pay out in case of suicide as long as the death occurs after at least 1-2 years, one could theoretically take out a life insurance for let’s say 3 years, then commit suicide after 2 years and make millions of dollars for their family/loved ones.

If the above numbers are correct, then I assume it would take around $150 a month to be insured for $10 million, $1500 a month to be insured for $100 million, etc.

I’m curious to what the actual numbers are and if there are any known cases where this has been done.

If only a few people did this, could it bankrupt an insurance company?

If someone where to put their entire life savings into a policy (say $10 000 a month), he could theoretically make billions? So there are probably limitations?

If someone were to put a charity or political organization as the beneficiary, he could alter the course of history?

PS I’m not suicidal or anything. Wherever I tried looking this up, people always assumed the OP was. I’m only curious about the mechanics of this and what the implications could be for society.