When it comes to buying a life insurance policy there are several reasons someone may be turned down for coverage.
If you are too high a risk then the life insurance carrier may decline to insure you.
What makes someone too high of a risk?
There are several reasons you may be turned down for life insurance, including the following:
1. Too Old - Some insurers only offer life insurance to people age 80 and under.
2. Too Heavy - If you are overweight or obese, you may be turned down.
3. Health Problems - If you have a chronic health issue including AIDS, Cancer, Emphysema, or any other health risk that may shorten your life expectancy.
4. Risky Occupation - If you have a job involving explosives, demolition or use of weapons, you may be turned down.
5. Risky Hobbies - if you are involved in extreme sports, skydiving, mountain climbing, race car driving, etc.
6. Illegal Drug Use - if you use illegal drugs you may be denied coverage.
7. Criminal Record - If you have a serious criminal history, you may be denied coverage.
However, there may be another option for you if you have been turned down for life insurance.
Click here to learn about guaranteed approval life insurance.