It’s not just your medical history, but also your family’s health history that you’ll have to share with any life insurance company you purchase your policy from. Your medical history plays a huge role in determining your eligibility, premium rates, as well the maximum coverage you can get. The medical history of your parents and siblings will also influence the rates you’re offered.
Medical history is generally a part of a life insurance policy’s underwriting process to determine your chances of developing certain health conditions that would put you into a higher payout risk for the insurance company.
Some people are tempted to be less than truthful about their medical history, but it’s not a good idea and can be counterproductive to your interests.
Denise at AccuQuote
Disclaimer: I work for AccuQuote and this is my personal opinion.
submitted by Denise in Wheeling
@ October 26, 2010 - 04:37 AM
Medical history is generally a part of a life insurance policy’s underwriting process to determine your chances of developing certain health conditions that would put you into a higher payout risk for the insurance company.
Some people are tempted to be less than truthful about their medical history, but it’s not a good idea and can be counterproductive to your interests.
Denise at AccuQuote
Disclaimer: I work for AccuQuote and this is my personal opinion.