Applying for Life Insurance

If there is one hard and fast rule when it comes to applying for Life Insurance, it’s this: “Honesty is the best policy.” You may or may not have to take an actual medical exam when you apply for life insurance, but you will certainly be asked medical questions as part of the life insurance application process. If an examination is required you will still be asked to fill out a medical questionnaire as part of your life insurance application.

You may be tempted to “fudge” some of your answers to health questions when applying for a life insurance policy in an attempt to obtain a lower monthly premium. This is a very bad idea according to life insurance professionals, and could wind up being a very costly mistake.

According to the Insurance Information Institute, countless life insurance claims are denied to families already reeling from the death of a loved one, because the deceased did not offer full disclosure of health conditions and habits (such as smoking), to the insurance company. Even on term policies, the rates a smoker pays for life insurance can be significantly higher than for non-smokers, tempting many to consider lying about tobacco use. According to life insurance professionals, there are just too many opportunities to get caught. It is far better to be honest, and explore the many opportunities you have for the most affordable life insurance policy, given your true health profile.

Similarly, people are often tempted to conceal medications taken to keep certain conditions under control, such as high blood pressure. Such non-disclosure is another major no-no, according to the experts, when applying for life insurance.

Many people will rationalize being untruthful on their applications by telling themselves 'the insurance company can afford it". They think they are simply cheating the insurance company, but they are truly cheating their own family. If you lie on your application, the insurance company will only be responsible to pay on your premiums, rather than the full death benefit. So the million dollars you thought you were leaving for your wife and kids to pay the mortgage, and college tuition, and other expenses when you die, could wind up being barely a few thousand, which may not even cover the cost of your funeral!

Rates for term life insurance are at historic lows, even for smokers. It really does not pay to take the risk. You can get competitive life insurance quotes from a number of respectable Life Insurance companies, by quickly and honestly filling out an online application.

One more note about a life insurance medical exam: if a medical exam is required as part of your life insurance application, it usually can be conveniently scheduled in your home. Life insurance medical exams are not complete physicals, but are basic tests done most often by a paramedic. The exam usually entails taking vital signs like blood pressure, an EKG to evaluate your heart, and the medic will also withdraw a few vials of blood for testing.

Affordable Life Insurance Rates
Are Waiting For You!
Choose Your State

Related Information

What Questions Do Life Insurance Companies Ask on the Application?

Health questions are standard on many life insurance policy applications. Questions about your lifestyle may also be asked to determine your policy rates.

Read More

Life Insurance Medical Exam | What Is a Urinalysis Test For?

Many life insurance companies require urinalysis during the pre-approval medical exam. It can check for pre-existing health conditions and illicit drug use.

Read More

Does Life Insurance Test For THC?

Many life insurance companies test for THC. Testing positive could drive up your premiums or prevent you from obtaining a policy altogether.

Read More

Medical Tests Required For Life Insurance

Some life insurance policies require a medical exam before approval. This may include a physical exam, blood test, urinalysis and more.

Read More

Can I Get Term Life Insurance Without a Medical Exam?

If you are older or have health problems, you may want to consider buying a term life insurance policy with no medical exam required.

Read More

Your Medical Exam Results and Life Insurance

The results of a medical exam don't just reveal how healthy you are, they can also determine how much you will pay for your life insurance policy.

Read More

How Life Insurance Medical Underwriting Could Affect You

Life insurance companies use medical underwriting to determine the risk they take on by offering a person coverage. This often requires a medical exam.

Read More

How Does Guaranteed Life Insurance Work?

If you're a senior who's shopping for life insurance policies, you may consider guaranteed-issue life insurance.

Read More

The Life Insurance Blood Test and Alcohol

Some life insurance providers do routine blood tests to check for health-related issues. Find out more at Lifeinsurance.org

Read More