Does a History of DWIs Disqualify Life Insurance Applicants?

“Does a DWI disqualify me from a life insurance policy?” Interestingly enough, many clients ask this question. In short, yes. Life Insurance Companies may decline application requests if there’s a recent history of DWIs. However, depending on when you were charged with the DWI, you may be eligible for life insurance coverage. Watch the video below to learn more!

It’s important to understand and to know whether you have a history of DWIs (or DUIs) or not. If you do, then you must inform the insurance company through whom you’re applying. With a history of DWIs, the likelihood of you dying in an accident is significantly higher than somebody without a history. Therefore, the insurance company needs to know.

The time frame of the DWIs largely determines your life insurance eligibility. For example, if you’ve had more than three DWIs in a ten-year period, you won’t be able to get coverage. Also, if you’ve had any in the last five years, you won’t be able to get any coverage. Anything past ten years, they’ll still need to know about it. However, more than likely it won’t disqualify you from getting coverage. In conclusion, an insurance company may decline your application request if you have a recent history of DWIs. You may have to wait at least 5 years before you can apply again.

Life Insurance Questions?

We hope that this information on life policies and history of DWIs is useful to you.

If you’d like to learn how we can help you plan your retirement, call Empower Brokerage at (888) 539-1633 to speak to one of our Life and Annuity experts or leave a comment down below.

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