If Risk Life Insurance is guilty of not doing enough, it would have to be our becoming comfortable with business as it has been, and not sharing more about how high risk life insurance and impaired risk life insurance underwriting works both for and against you.
If you’ve ever been declined for life insurance or offered a rate that was three or four times what you expected, you were probably left wondering how they came to that conclusion and what, if anything, you could do to change their mind or get a fairer look somewhere else. Another common reaction to being declined is to wonder if you’re dying and your doctor just neglected to tell you about it. Suffice it to say that for someone not well versed in impaired risk or high risk underwriting, connecting the dots between what you understand reality to be and what just happened is nearly impossible.
What we’ve found at Risk Life is that all too often the life insurance agent that was used to get the undesirable results was, at best, an average agent using an average middle of the road company. When you have that combination you have to understand that the average agent may understand the company build chart, but beyond that they are guessing at what to quote you. Combine that with the middle of the road company whose underwriters go strictly by the book, their company underwriting guidelines, that tells them exactly how much risk the board of directors wants to have on their books and the chances are the outcome won’t be good.
As we dig into risk and underwriting it’s important to keep in mind that very few life insurance companies understand mortality risk or if they do understand it, they just don’t want it. At Risk Life we use companies that get it, and we have enough of them that on any given case it’s not just a matter of finding a company to approve your application, but which company will give you the best offer. We will be writing about every risk that we have solid knowledge about with our goal being that you will find some hope for the situation you just went through that didn’t go so well.
When you reach out to Risk Life be assured that we don’t just use key words to attract traffic. If we wrote about it, we know about it, we’ve done it, and we believe we can help you get the approval you need. We’re licensed in all 50 states and DC and write internationally, so no matter where you are we can help.
Remember, the average agent using a middle of the road company can get you approved if you’re perfectly healthy, but very likely not at the best rate. If you have any health issues at all or present some occupational or hobby risk, they probably won’t be able to get you approved at all. Far better to go where experience will carry the day. Call or email Risk Life directly. Let’s get things going in the right direction.
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