(888) 78dd8-1052

Speak with a Licensed Adviser

What Questions Can You Expect On The Life Insurance Application?

by Scott G on April 21, 2013 · 1 comment

Life Insurance Application Questions

Typical Life Insurance Application Questions You Can Expect

TheLifeInsuranceInsider.com is about education and transparency.  Since life insurance is a purchase you will only have to make once or a few times in your lifetime, the buying process is somewhat still of a mystery to most people.

One of the most common questions new buyers have is; what kind of questions will the insurance company ask?  To better answer this, a sample application is provided below. (Every company does have their own application.)

 

GENERAL QUESTIONS

 

1. Will the insurance applied for replace or

change any existing insurance or annuity?

Ye s

No

 

Have you or any proposed Additional Insured (including any children applying),

2. Had any health, disability or life insurance pending or contemplated with

another company?

Ye s

No

 

3. Been declined, postponed, offered a rated or modified life, health or disability policy or been denied reinstatement?

Ye s

No

 

4. Within the past 5 years,

a. Been cited or convicted of a moving violation, including DUI, or had a driver’s license suspended or revoked?

Ye s

No

 

(If yes, provide state and drivers license number.)

b. Been or is now fully or partially disabled?

Ye s

No

 

c. Been charged with or convicted of any felony or been on probation?

Ye s

No

 

5. Within the past 2 years, (if yes, complete the Aviation and Avocation Questionnaire)

a. Taken part in any type of racing, mountain climbing, underwater or sky diving, hang gliding or plan to?

Yes

No

 

b. Flown other than as a passenger, or plan to?

Ye s

No

 

6. Within the past 10 years, used drugs (such as: hallucinogens, barbiturates, excitants or narcotics) except as medication prescribed by a physician, or been treated or counseled for drug or alcohol use?

Ye s

No

 

7. Family History: Is there a history of cardiovascular disease (including coronary artery disease, stroke or transient ischemic attack),internal cancer or melanoma in parents/siblings prior to age 60? If yes, please provide details including, type of cancer (if applicable)and if there was a death

due to this condition.

Ye s

No

 

8. Have you or any proposed Additional Insured sought protection from creditors within the past 5 years?

Ye s

No

 

9. Have you or any proposed Additional Insured had any weight change of 10 or more pounds in the past year?

Yes

No

 

MEDICAL QUESTIONS

Each question must be individually asked and answered.

For YES answers, give full details in the space provided.

 

10. Have you or any proposed Additional Insured (including any children applying) EVER been diagnosed as having or been treated by a member of the medical profession for AIDS, or AIDS Related Complex (ARC)?

Ye s

No

 

11.Within the past 10 years, have you or any proposed Additional Insured (including any children applying) been treated or diagnosed by a health care professional as having any disease or disorder of the: Blood or circulatory system (such as: heart attack, heart disease, palpitations, heart murmur, or chest pain, high blood pressure, stroke, anemia)?

Ye s

No

 

12. Respiratory system (such as: emphysema, asthma, shortness of breath, chronic cough or sleep apnea)?

Ye s

No

 

13. Brain or nervous system (such as seizures, epilepsy, multiple sclerosis, mental illness, depression, suicide attempt, eating disorder, dementia or Alzheimer’s disease)?

Ye s

No

 

14. Sugar, albumin, or blood in urine, or other illness or disease of the kidneys, bladder, or urinary system, prostate, breast, sexually transmitted disease or any other reproductive disorder?

Yes

No

 

15. Stomach, intestine, liver (such as: ulcer, colitis, Crohn’s disease or hepatitis)?

Ye s

No

 

16. Endrocrine system, muscles or bone (such as diabetes, thyroid, lupus, arthritis, or back problems)?

Ye s

No

 

17. Cancer, tumor, polyps, melanoma or other malignancy?

Yes

No

 

18. Have you or any proposed Additional Insured (including any children applying) had or been advised to have a check-up, consultation, lab test, EKG, X-ray or other diagnostic test?

Yes

No

 

19. Are you or any proposed Additional Insured (including any children applying) currently under the observation of a physician or taking medication?

Yes

No

 

Bottom Line

 

Most of the questions above are what you would expect to see on a life insurance application.  Some people often wonder what your driving record or criminal history has to do with life insurance, and the answer is they could affect life expectancy.

For most people the application is a quick and seamless process.  Even if you answer yes to some of these questions, you may still be offered coverage.  

The only way to assure you will receive the best rate and will receive an approval if you have health issues is to shop around and receive quotes from multiple companies.  Also, you can work with an experienced and ethical broker that will help you with the process.  Keep in mind that every company will underwrite you differently.  Your weight, medications, family history, driving record, occupation, etc. are all factors that insurance companies use in determining your rate.  Therefore, it’s imperative that you shop around and receive multiple quotes to assure you are getting the best deal.

 

To compare quotes from the top rated companies, simply enter your zip code and compare:

 

  • 100% Privacy Guaranteed

Comments on this entry are closed.

{ 1 trackback }

Previous post:

Next post: