Insurance Online

No matter where you live in the United States, most life insurance companies ask pretty much the same questions before they will approve your application. Although they’re looking for “knockout” factors - things that might cause them to not offer you a policy - it’s important to answer their questions honestly.

Let’s take a look at the most common questions and what you will risk if you stretch the truth when you answer.

Here are the most common questions that life insurance companies ask - and the ones with the greatest implications:

1. Do you regularly use tobacco or tobacco products?

Insurance companies charge higher premiums for smokers because they believe that using any tobacco product can shorten a person’s lifespan.

2. Were you diagnosed or medically treated for AIDS, HIV, cancer, diabetes, stroke, heart disease, chronic lung disorder, or liver problems?

If your health problem is exceptionally severe most insurance companies will reject your application. However, depending on the severity, life insurance companies may sell you a policy with higher premiums or may even charge you the normal rate.

3. Does your immediate family have a history of death at a young age (not due to accidents) or a history of fatal diseases?

Fatal diseases that may run in your family, such as Sickle Cell Anemia, cancer, or heart disease, may result in your being rejected by an insurance company or they might charge you a higher rate.

4. Is your career hazardous?

If you job is dangerous, insurance companies will probably charge you more for your life insurance policy. In other words, if your job is riskier than most and involves activities that could threaten your life, you should anticipate paying more for insurance.

5. In the past 10 years have you ever been arrested for driving under the influence?

Has a medical professional recommended that you stop or reduce your alcohol consumption?

Put yourself in the insurance company’s place. Having a history of alcoholism and / or a DUI does not imply that you are living a very healthy lifestyle.
If you answer “yes” to any of the above questions your life insurance application may be denied.

However, if you are dishonest in your answers and should you die your beneficiaries claims could be denied. If that happens you will have spent the money for your life insurance but they would get nothing.

With that in mind, you may be wondering if every life insurance company requires a medical examination and how do they test for diseases.

Most insurance companies will require that you have a medical examination before they agree to insure you. They generally have a company doctor that performs their examinations. You may have to go to their office or they could, perhaps, come to your home. In any case, the insurance company should not charge you for the examination.

Most life insurance companies administer a blood test to do genetic testing. They want to learn as much as possible as they can about you before they issue a policy. In addition to determining diseases that you might currently have, these tests can indicate ones you might get in the future.

And to find out more about life insurance companies along with more free advice about life insurance, go to http://www.MikesLifeInsuranceAdvice.com

Wendy Moyer is a professional writer.