For Consumers

What is life insurance?

It’s a contract between the life insurance policyholder and the insurance company. When the policyholder passes away, the insurance company promises to pay the policyholder’s designated beneficiaries a sum of money.

What to do if you get turned down for life insurance

Shop around. Companies use different methods and factors to decide who they'll insure. If available, consider a group plan - some don't require a medical exam.

Reasons insurance companies can't turn you down

They can't refuse coverage based on your:

  • Sex.
  • Marital status.
  • Race.
  • National origin.