Did Mom or Dad have a life insurance policy, and you can't find out what carrier it is with?

Their insurance company will do their best to reach out to beneficiaries but if their information is old, then it's possible that the company won't find them, but the information will still be around. Many companies search for 3 years, others have different time limits, but the good news is, the National Association of Insurance Commissioners has a lost policy search.

Click here to search for a lost policy

If you have not been declined a life insurance policy, then skip this article! Speak with an agent.

Being denied life insurance isn't always the end of the road! Sometimes it is, but still have a conversation with your agent, as he or she may have different options with guaranteed issue!

Following this chart are suggestions on what to do if you have been declined.

🚫 20 Conditions That Typically Result in Life Insurance Denials

Some medical and lifestyle conditions almost always result in a decline for traditional, fully underwritten life insurance. These are considered high-risk or uninsurable due to severity or poor prognosis.

🧬 Severe Medical Diagnoses

1. Metastatic or Terminal Cancer
   Especially if currently under treatment or diagnosed within the last 5 years.

2. End-Stage Renal Disease (ESRD)
   Especially with ongoing dialysis or transplant pending.

3. Advanced Congestive Heart Failure (CHF)
   Particularly Class III or IV (NYHA).

4. Severe COPD (Chronic Obstructive Pulmonary Disease)
   Especially if oxygen-dependent or with frequent hospitalizations.

5. Organ Transplants (Recent)
   Usually declined within 5 years of surgery or with any rejection history.

6. ALS (Amyotrophic Lateral Sclerosis)
   Typically uninsurable due to rapid progression.

7. Late-Stage Liver Disease / Cirrhosis
   Especially if alcohol-related or from hepatitis.

8. Uncontrolled Type 1 Diabetes with Complications
   Includes nerve, kidney, or vision damage.

9. Recent Heart Attack or Major Stroke
   Declines common within the first 6–12 months post-event.

10. HIV or AIDS
    Still commonly declined, though a few insurers offer niche coverage under strict conditions.

🧠 Mental Health and Behavioral Conditions

11. Recent Suicide Attempt
    Especially within the last 2 years.

12. Uncontrolled Schizophrenia or Bipolar Disorder
    Especially if recently diagnosed or involving hospitalization.

13. Cognitive Decline / Dementia / Alzheimer’s
    Typically results in immediate denial.

🚬 Substance Abuse and Risky Behavior

14. Current Alcoholism or Drug Addiction
    Without 2–5 years of documented recovery.

15. Intravenous Drug Use
    Often a lifetime red flag, even if in recovery.

16. Recent Felony Convictions
    Especially drug, fraud, or violent crimes within the past 5–10 years.

17. No Fixed Address / Homelessness
    Indicates instability and results in decline.

18. Multiple DUIs or Suspended License
    Especially within a 2–5 year timeframe.

🌍 Foreign Risk & Lifestyle

19. Living In or Frequently Traveling to High-Risk Countries
    Declines are common for travel to countries under U.S. State Department advisories.

📋 Application Red Flags

20. Lying or Omitting Information
    Inconsistent or false info results in automatic decline for misrepresentation.

🛑 But There’s Hope

You may still qualify for:

• Guaranteed Issue Policies (no medical questions, lower benefit)
• Employer Group Life Insurance
• Final Expense / Simplified Issue Policies

Need help navigating a decline or risk class? Reach out—we help people find the right policy, even when others say no.

What to do if you've been declined or had your policy uprated

Yes having life insurance is nice, but improving your health and life are substantially more important!

✅ 7 Steps to Take After a Life Insurance Decline or Table Rating

1️⃣ Request the Reason in Writing

• Ask your agent why you were declined or had your policy uprated.

• Ask when the underwriter says you should reply

• Get the copy of your lab reports used in the insurance exam and send them to your primary doctor

2️⃣ Get a Copy of Your MIB File

• Visit mib.com to request your free report.
• Like a credit report, it may contain errors that can be disputed.

3️⃣ Schedule a Full Physical With Your Doctor

• Get new lab work to validate the previous results: cholesterol, blood sugar (A1C), blood pressure, etc.
• Get a baseline on your health in your chart— it can help when you reapply.
• Tell your doctor you have been declined for life insurance, and ask them to see what is wrong and if there is a treatment plan

4️⃣ Start Fixing What You Can

• Improve controllable health markers: BP, A1C, BMI, smoking, sleep apnea.

• You really should wait at least a year but Even 90 days of progress can affect your rate class when you reapply.

5️⃣ Collect and Organize Your Health Records

• Get recent labs, medication lists, and diagnosis history in one place.
• Make sure your primary doctor receives all results and updates from any other doctor

6️⃣ Don’t Reapply Everywhere

• Too many apps = red flags in the MIB.
• Let your agent work with the underwriting department to see what they can do.
• Will working with a dietician or physical therapy help?

7️⃣ Wait 180 Days to a year and Document Improvements

• Give time for your improvements to show up in labs and doctor records.

• Then reapply with better odds and stronger documentation.

Let me know if you have any questions, maybe I can help!

Once upon a time, parents took their children to the bank to make deposits and withdrawals. Now that paychecks are electronically deposited, how else can children learn that a deposit needs to be made before money can be spent? How do they then learn other important financial skills such as investing and risk management?

Click here to download and print this as coloring book page!

Risk Management begins with an objective assessment of what you are looking for and what your needs are. Answer these questions and reflect on what is the most important!

Bill Whitley’s 7 Questions

Answer these questions and click the button at the bottom to print your answers!

1️⃣ Who are the people you care about the most?

2️⃣ What are your most important assets?

3️⃣ What are the risks you worry about the most?

4️⃣ What’s your plan for unexpected events?

5️⃣ What do you want your financial legacy to look like?

6️⃣ Who do you trust to help you make financial decisions?

7️⃣ What’s the most important outcome you want to achieve from our conversation?

This information is not stored on the server in anyway, press the print button to save them.