Next Steps if you were declined for life insurance
If you were declined for life insurance or rated as a sub-standard health, this is often due to
1. The information provided on your application
2. Information that was discovered in your medical records or
3. The results that came back from the lab work taken during your physical exam.
If you have an existing health condition or prior health history, it is important to seek the advice of an experienced life insurance broker. This will allow you to identify a carrier who is open to accepting a client with your condition. You should review all your options from various companies and find out about the health requirements of each carrier before you apply again.
Steps to Take After Being Declined
1. Uncover the Reason for Denial
2. Check Your Doctor’s Records
3. Work with an Experienced Broker
Cambridge is an independent brokerage with access to over 40 insurance companies to ensure the best combination of price, coverage and service. With our in-house underwriting department, we can find a market for your specific needs.
We Always Do the Right Thing
As an independent Broker, we represent our client’s best interest and not the insurance company. Our open-architecture platform provides access to over 40 insurance companies to ensure the best combination of price, coverage and service. Click here to learn more
We Make It Easy
Life insurance is a complex financial tool but we can help take the guesswork out of the process. We can help answer all your questions, including:
- How much insurance do I need?
- How long do I need coverage?
- What type of policy is most appropriate?
Our goal is to give you peace of mind to know that your loved one’s are adequately protected. As a Cambridge client, you become part of our family and will have access not only to a dedicated service team but also a direct line to our company owners.
For a consultation, call us at (212) 695-7495 x 214.