Male   Female
  • How does personal history affect life insurance?
  • February 20, 2014
  • insurance historyBy

    Insurance companies won’t rush into a contract without first doing plenty of research. For that reason, an insurance applicant is asked to provide extensive details about their health history, habits, environment, and insurance status before a new policy is even considered.

    One of the more valuable forms of information is an applicant’s health record, which provides detailed information about previous illnesses, injuries, or surgical procedures.

    If an applicant is currently under treatment, has been scheduled for surgery, hasn’t fully recovered from an illness, or has to undergo diagnostic testing, they may be denied coverage or their application may be delayed. Depending on the illness, most life insurance companies impose a waiting period for a number of pre-existing medical conditions that can range from diabetes to breast cancer.

    If questions are raised about the person’s health or it seems information has been omitted on the application, the insurance company will contact the individual’s physician for more detail. If you smoke, drink or have a hazardous lifestyle, this may result in a denial or a rated policy (which can double or triple the amount of premium). And, finally, an insurance company will look into the number of applicant denials from other companies, or if a previous policy has ever been rated.

    Edward E. Graves, author of “McGill’s Life Insurance,” says anything that may increase a potential policyholder’s risk of mortality is a concern to life insurance companies.

  • Category: Articles Library, Life Insurance, Videos

Leave a Reply



Consumer Insurance Guide SM provides a wide selection of originally-authored articles and expert advice targeted to the self-directed insurance shopper. Our mission is to provide consumers with useful, money-saving information on all things having to do with making sound insurance purchase decisions.

Consumer Insurance Guide SM is owned by Life Quotes, Inc. 8205 South Cass Avenue, Darien, IL. For editorial, content feeds, advertising and lead purchase opportunities, contact Robert Bland at

Originally founded in 1984 as Quotesmith Corporation, Life Quotes, Inc. owns and operates and, two online consumer insurance information services that cater to the needs of self-directed personal and corporate insurance shoppers.

About Us  |   Contact Us  |   Press Releases  |   The Best Privacy Policy  |   Life Insurance  |   Careers
For Agents & Brokers  |   Site Map  |  

Copyright ©1984-2015 Life Quotes, Inc., 8205 South Cass Avenue, Suite 102, Darien, Illinois. Life Quotes, Inc. and certain of its personnel are licensed as insurance agents, brokers or producers in all states. CA agent #0A13858, LA agent #200696, MA agent #333509159. dba Life Quotes Insurance Services in CA under agent #0827712, in LA under agent #205078. dba Life Quotes Insurance Services, Inc. in UT under agent #90093. All rights reserved. Telephone (630) 515-0170. Founded 1984.