Yes, even if you have been denied life insurance previously, you may be able to find coverage in the future. Here are some tips to help you get life insurance after being denied:
Shop Around: Remember that just because one insurance company denied your coverage, other providers may offer different options. Speak to an insurer or a broker to get an idea of what kind of policy you could be eligible for.
Be Open and Honest: Be open and honest when discussing your health and lifestyle habits with insurers. If there is any information that could impact the decision to provide you with coverage they need to know.
Take Action on Health Conditions: If you have a pre-existing health condition, consider taking steps to improve your health. Eating better, exercising, and reducing stress can lower your risk and also help with getting approved for life insurance.
Consider Buy Now and Pay Later Options: Some policies offer a “Buy Now and Pay Later” option, meaning that the premiums for the initial policy period are deferred and due at the end of the period. This could help you get coverage in the meantime.
Bundle Policies: Bundle your life insurance with other policies such as health or auto insurance. This can be a great way to get insurance coverage, even if you have been denied life insurance.
By taking these steps and being diligent, you may be able to secure life insurance even if you are denied the first time around.