15 Common Reasons To Be Denied For Life Insurance

Thursday, June 18, 2015

By Cassi Teti

Applying for life insurance is a process and it all starts with evaluating your health and lifestyle choices. In fact, this is the most crucial part of the process because the results will determine your premium and more importantly if are even eligible for a policy. Life insurance companies want to make sure they are investing in reliable clients and your longevity is directly linked to this variable. So, before you start reaching out to companies for rates, consider these 15 basic reasons why people are denied. If you fall into any of these categories, you may want to reconsider your lifestyle before you move forward. Remember, qualifying for any of these reason will not necessarily kill your chances at a policy, you may just pay slightly higher for the coverage.

  1. Overweight or Obese
  2. Income Limitations
  3. Alcoholism
  4. Elevated Cholesterol, Lipids and Triglycerides
  5. Elevated Liver Function
  6. Blood or Protein in the Urine
  7. Hazardous Occupation*
  8. Hazardous Extra-Curricular Activities
  9. Drug Use
  10. Your Driving Record
  11. History of Cancer
  12. Previous Declines on Life Insurance Applications
  13. AIDS or HIV
  14. High Levels of Glucose or Blood Sugar
  15. Hepatitis

To read more about the logic behind these red flag factors click here.

*Forbes magazine’s top 10 deadliest jobs.