While applying for life insurance, health factors into the process significantly. As such, it’s possible that a recent history of major medical issues may prevent consumers from getting life insurance. However, most severe health conditions have a look-back period of 2-5 years. In other words, consumers can still qualify despite having health problems in the past. Watch the video below to learn more!
Yes or no: pre-existing medical conditions can prevent you from getting life insurance?
Since health is one of the qualifications for getting life insurance, the answer is yes. More specifically, if you’ve got any severe health conditions, it could exclude you from being able to get coverage. Additionally, underwriters consider height and weight when inspecting your health. For the most part though, life insurance companies want to know about your recent medical history. For insurance, if you had a heart attack, stroke, cancer, et cetera in the past two years, it’s highly unlikely you’d be able to get coverage. However, if it’s been more than two years and you haven’t had any complications since your diagnosis, you can probably qualify for life insurance. Moreover, your health and medical history help underwriters determine the rate for your policy.
Bottom Line
Yes, pre-existing medical conditions can prevent you from getting life insurance, but it depends on your medical history timeline. If you have any severe health conditions that are ongoing, it’s possible you may not be able to get coverage. If it’s been more than two years and especially if it’s been more than five years, you’ll more than likely qualify for life insurance.
Life Insurance Questions?
We hope that this information on pre-existing medical conditions and life insurance is useful to you.
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