High Risks for Insurance?
Most people have any idea if they're high risks or not because of a medical issue. You can also be high risk if your background includes:
- A mental illness or treatment for depression in the last two years
- A past dependency on alcohol or drugs
- Three or more traffic tickets within the last three years
- Piloting non commercial within the last two years
- Living or traveling outside the United States
- Tobacco use of any kind within the last five (5) years
- A criminal history including misdemeanors or felonies especially domestic violence
- A DUI or reckless driving offense within the last five years
- Having a hazardous job or hobby within the last two years
How does the insurance company find out all this?
- Your insurance application
- Medical Information Bureau (MIB)
- Blood & urine test
- Your Insurance Agent's report
- DMV report
- Your doctor's file on you
- Physical weight & measurements
- Medical interview
What do you do if you're high risk?
- Consider a burial policy
- Get a guaranteed issue or graded life policy
- Buy several (graded) policies if the maximum benefit is too low.
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