Help protect your family’s future. Enter your zip code to get your free quote today!

Get Your Free Quote

What Questions Are Asked on a Life Insurance Application?

Depending on the type of life insurance policy you're applying for, you should be prepared to answer several questions regarding your past and current health, occupation and lifestyle. Fully underwritten policies usually require you to pass a medical exam before they will approve you for a life insurance policy. Here's what you may be asked about.

What to Expect on a Life Insurance Application

Common Application Questions

In general, you can expect the life insurance application to ask questions about:

  • Medications you take (prescription and over-the-counter)
  • Surgeries you've had
  • Your family's medical history, including cases of heart disease, high blood pressure, diabetes and cancer
  • Your tobacco and alcohol use —  It is extremely important to provide factual answers on the application. Failure to do so could void the policy.
  • Your age
  • Your occupation — People working in high-risk occupations may have to pay more for a life insurance policy
  • Your hobbies — Skydiving, rock climbing, scuba diving and racing are all hobbies that can drive up the cost of your life insurance policy
  • Your driving record — Traffic violations, DUIs and speeding tickets can all cause your life insurance premiums to go up

What to Expect on the Medical Exam

If your life insurance company requires you to take a medical exam as part of the application process, the following will likely be examined:

  • Height
  • Weight
  • Vital signs — pulse, blood pressure
  • Blood sample, to check cholesterol and blood sugar values (among others)
  • Urine sample
  • Some policies may require an electrocardiogram (EKG)

If you're concerned about passing a medical exam, it's possible to buy a policy that doesn't include one. Keep in mind that they are likely to be more expensive than a fully underwritten policy.

A simplified-issue policy doesn't require a medical exam, but does require health questions. Issuance of the policy may depend upon answers to health questions set forth in the application and the policies may have a graded death benefit for an initial period of time. A guaranteed-issue plan doesn't include a medical exam or health questions — issuance is guaranteed. However, these policies are generally restricted to people within a certain (older) age range (50-85 years old, for example) and benefit amounts are usually smaller. They may also have a graded death benefit for an initial period of time.

Start Your Life Insurance Application Today

A licensed agent can help you choose the right life insurance plan and help you through the application process. Speak with a licensed agent at 800-966-7169 or request a free quote online.

 

----------
Sources:

Life Insurance Direct: www.lifeinsurancedirect.com/life-insurance-products/
BankRate: http://www.bankrate.com/finance/insurance/no-lie-your-life-insurance-depends-on-it-1.aspx

 

*Applications for insurance may be subject to acceptance by insurer. Rates and coverage amounts will depend upon the carrier selected.

Help protect your family’s future. Enter your zip code to get your free quote today!

Get Your Free Quote

Related Information

Life Insurance: the Most Important Questions to Ask

Shopping for life insurance? Here are the most important questions to ask your agent.

Read More

General Life Insurance Questions

Don't sign up for a life insurance policy without answering these general questions. A licensed agent can help.

Read More

Understanding Long-Term Disability Insurance

With long-term disability insurance, you still receive a percentage of your income if you become disabled and can’t work for an extended period of time.

Read More

What are the Benefits of Term Life Insurance?

With a term life insurance policy in place, you can help your family cope with loss of income after your death.

Read More

Term Life Insurance Policies and Benefits

Protect your family from facing a financial burden after your death with a term life insurance policy.

Read More

The Minimum Age for Life Insurance: What You Need to Know

Looking for a life insurance policy? Here's what you need to know, including the minimum age for life insurance.

Read More

What Is Life Insurance

Life insurance policies pay money to a beneficiary upon the policyholder's death. Here's what to know when shopping for a policy.

Read More

What Is Spouse Life Insurance?

You can buy a life insurance policy on behalf of your spouse or partner. Find out how this type of insurance works and how to purchase it.

Read More

Why Buy Level Term Life Insurance?

Level term life insurance policies have predictable and level premiums. Learn more about how you can help protect your family's financial future.

Read More