Uninsurable Life Insurance

Are people ever considered uninsurable by life insurance companies?

Some life insurance companies may rate certain individuals as uninsurable. These are people that the life insurance company believes will probably suffer an early and fairly immediate death.

For example, someone who has a terminal illness; such as, late stage cancer.

However, just because one insurance company deems an individual as uninsurable does not mean that another life insurance company will decide the same. Each insurer has their own set of guidelines for approval based on health issues.

Classifications vary from company to company based on different forms of criteria.

If you are denied several times by several different life insurance companies, then you may want to consider buying in a guaranteed issue life insurance policy.

Learn more about how to get life insurance for uninsurable people