IIA Blog

Information covered in the Illinois Insurance Association blog is intended to provide general information and guidance, and should not be considered legal advice.


Why does a life insurance application ask such detailed health questions?

Jan 9, 2019, 5:03 AM

Most life insurance companies evaluate medical history to assess the applicant's overall health. A life insurer pays the policy death benefit when the insured individual dies. A short life expectancy means life insurance proceeds are paid sooner. In turn, the insured individual's health impacts life insurance eligibility and policy pricing.

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