These are the 9 most common reasons why you're not approved for a life insurance policy.
- Medical issues. The list below is not exhaustive. ...
- Hazardous occupation. Not everyone works a low-risk desk job. ...
- Financial reasons. ...
- Lifestyle choices. ...
- Lab results. ...
- Driving record. ...
- Criminal record. ...
- Foreign travel.
What can cause life insurance to be denied?
People are typically denied life insurance because they fall into a high-risk category. This is often due to health challenges like diabetes, obesity or a previous diagnosis of serious disease. There are also nonhealth reasons for being denied life insurance.