Although it may come as a surprise, there are many people today who are unusable to get insured for life insurance.
But, why would you or anyone else be denied a policy?
That's a good question, and there are many common reasons for being denied life insurance which may include your health, age or lifestyle.
Some of the more common reasons for an insurer turning an applicant down for life insurance include:
- Age - People over age 75 or 80 may be rejected.
- Health - People with chronic health problems.
- Lifestyle - Frequent travel to third world countries or countries with ongoing wars.
- Driving Record - People with two or more DUIs in the past 5 years.
- Hobbies - High risk activities like skydiving, mountain climbing or B.A.S.E. jumping.
- Occupations - High risk jobs like firemen, coal miners, roofers, pilots and logging workers.
But what can you do to get insured?
Find out how to get life insurance for uninsurable people.