10 Reasons You Could Be Denied For Life Insurance

Drugs

Similarly to alcohol abuse, using drugs could put one at risk for not receiving life insurance coverage. If the applicant is using drugs regularly, then they should not expect to receive life insurance as even marijuana users are denied in some states. Instead, one should take necessary measures to overcome an addiction before applying by visiting a rehabilitation center, taking counseling and regularly attending group meetings with those in similar situations. One's health is important, not only to receive a life insurance policy but also for them to enjoy life in the best way possible.

Risky Habits

Even if the applicant is in good health and is employed in a low-risk profession, they could still be denied for life insurance based on their hobbies. Rock climbing, bungee jumping, and skydiving are all recreational activities that fall under grounds for denial. This list could also include lower risk activities such as snowboarding and scuba diving. If an applicant is looking to take out a life insurance policy but enjoys these sorts of activities, they might want to give them up before talking to an insurance provider. Although these events are a source of excitement, they could be a hindrance to being approved for life insurance.