Declined for life insurance?

Helping people that have been turned down for life insurance

Asked to see a claim form with the new prospective company. If it is lengthy, than it is most likely not easy issue life insurance
Don't waste time with another low risk company
Let the agent know ahead of time what your condition is
Some people get turned down in error. Challenge errors, and ask for reconsideration.
Consider not completing applications that asked if you have been turned down
Make sure that the application tells you if you qualify before applying
If the application is over 1 page, it probably won't be cover you

Try to get coverage as soon as possible so you can outlast any waiting periods
Make sure you are not applying with a carrier that is adverse to your condition. Some companies refuse certain illnesses while others will cover you
Find out if you need a guaranteed issue policy or just one that doesn't require a physical
Don't automatically apply for guaranteed issue life insurance, you might pay a lot less by answering medical questions, as long as they don't pertain to your condition
Consider policies that don't build cash value, since they fund the cash portion with higher premiums
Don't be fooled by "Money-Back Guarantees" All life insurance policies have 30 day free look provisions, IT'S THE LAW
It's very important that you get complete details on benefits, limitations and exclusions and waiting periods before buying
Read your policy after buying, especially the fine print

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Burial Planning
Tips when planning a funeral

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