There is hope for people who have been declined for life insurance – part seven

There is hope for people who have been declined for life insurance – part seven.

In Part Six, we discussed a very common reason for why people get declined for life insurance: “incriminating misinformation.”

In Part Seven we will bring to light a different problem:

The uninsurable risk.

The fact of the matter is that some people are not eligiable for coverage – yet. They will not get an offer even after all possibilites have been exhausted. These include front-line insurers that specialize in their risk; excess-market carriers, who might take on extremely high risks; and even those with simplified or guaranteed underwriting.

In those cases, we coach the client on what circumstances need to be in place for them to qualify for coverage. They might be lab results; test results; medical procedures; lifetsyle changes; and other signs of improvement.

The bottom line is this: a “no” today could become a “yes” in the future.