We’ve Got The Answers: I Was Recently Declined, What Are My Options?

Posted on February 27, 2017 and updated January 23, 2019 in Life Insurance Canada News, Life Insurance FAQ, Life Insurance Questions - We Have The Answers, Non-medical, Video 1 min read

Today’s Question: I was recently declined for Life Insurance, what are my options?

If you were recently declined for life insurance, there is no need to panic; there are options. You need to first figure out why you were declined – doing so will aid you in taking the next few steps. If you were declined for a significant reason, i.e., any serious medical condition, you may want to look into a No-Medical Insurance Policy. For less serious medical conditions, you may qualify for Simplified Issue Policy.

The key is to find a Broker that can help guide you through the necessary steps to take after you have been declined, in order to ensure you receive the best policy for your particular situation.

More Life Insurance questions? We have more answers here!