Showing Tag: " uninsurable" (Show all posts)

Is there Life Insurance for the Uninsurable?

Posted by hadley hadley on Wednesday, January 25, 2023, In : Life Insurance FAQ's 

Can someone considered uninsurable to get insured for life insurance?

Yes, there are life insurance plans available for people who may be uninsurable.

It depends on your age; however, some insurers offer guaranteed issue life insurance plans.

Guaranteed Issue means you cannot be denied coverage if you are of a certain age.

For example, some insurers offer guaranteed issue policies for people ages 45-75 or ages 40-80.

Also, you will not have to take any medical exam or answer any questions about yo...
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Are You Uninsurable for Life Insurance?

Posted by hadley hadley on Sunday, May 8, 2016, In : Life Insurance FAQ's 

Are people ever considered uninsurable by life insurance companies?

Some life insurance companies may rate certain individuals as uninsurable for coverage.

These are usually people the life insurance company believes will probably pass away in the near future, with a short life expectancy compared to the average person.

However, just because one life insurer considers an individual as uninsurable does not mean that another insurance company will decide the same.

Classificati...


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What Can I Do If I Am Turned Down For Life Insurance?

Posted by hadley hadley on Saturday, October 5, 2013, In : Life Insurance FAQ's 

The life insurance industry has several hundred life insurance companies, many of which specialize in insuring certain types of risk, including high risk applicants.

A declination from one life insurance company may not mean you will definitely be declined by another life insurance company.

After a declination for life insurance, you may still want to continue shopping for life insurance from other life insurance companies that specialize in insuring impaired risk applicant...


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