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How long does it takes to the insurance company to approve or denied an application for life insurance?
Wiki User
∙ 11y ago
There are insurance plans that can get instant approval, or situations when medical records are needed and it could take up to couple of months, depending of the Dr's office and how fast are they sending the records to the insurance company.
Usually, when you're looking for the cheapest possible insurance, then blood tests, EKG, urine samples are required, and the process will take longer. If you're looking for a fast, simple solution, the premiums will be much higher, because there is more unknown risk that the insurance company is taking.
Wiki User
∙ 11y ago
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What if an insurance claim is denied because the company found out that the applicant was HIV positive when they passed?
When they passed what? The question is probably, what if the application is denied, because of a medical problem? If that happens try another company. Do you mean if the applicant lied on their application? Then see http://www.steveshorr.com/wrong.or.imcopmplet.info..htm For more info see www.SteveShorr.com/life.htm
If my insurance coverage has lapsed do I have to inform new insurance carrier?
Not answering an application for insurance has serious consequences. If you 'misrepresent' any information on the application and suffer a claim, then entire claim can be denied.
What is an antonym for denied?
Antonyms may include admit, confirm, or approve.
Can you be denied homeowners insurance because you have backyard chickens?
Every Insurance company has it's own underwriting guidelines. So it just depends on the company.
Will your last name show misspelled in your credit reports if you misspelled your last name in a credit card application but the application was denied?
If your credit card application was denied, you do not have a credit card. You are not in the credit company's system. Therefore, you will not receive a report.
Are you responsible for paying a medical bill if insurance company denied payment due to the practitioner's fault?
no
Can you be denied health insurance if you had a driving under the influence ticket?
Absolutely - the insurance company would view you as a 'high risk' because of your DUI. Any insurance company can refuse to insure you - they don't have to give a reason !
Could an insurance claim be denied if you state in the application that you are a citizen or resident of the U.S. when you are not?
Possibly. Depending on the conditions of your policy, the claim may be denied or only paid a rediculously small fraction such as 8-10% of the premium value. Any part of an application for life insurance that can be proven to be a lie can void the policy. Companies that I know of will refund premiums paid, but will not honor the policy. Any intentional lie on an insurance form will void the policy if they find out. For every question on an application there are unique circumstances. If you have a claim that is being investigated or has been denied you should contact The Center for Life Insurance Disputes for a free consultation.
Do i have to tell my insurance company about Second Life?
When applying for life insurance you need to always answer the applications correctly and honestly or a claim may be denied. If you purchase new life insurance you do not need to go back to your already in force insurance company and advise them.
If you are denied by a life insurance company will there be others that may insure you?
Yes, but it makes it more difficult to find them once you have been denied. This is why you should always work with a broker!
Can a minor be denied his right of life insurance because he committed attempted suicide?
Logically, he should not be denied his right of life insurance,even after his act of attempted suicide.But if there was police case,it's better to reveal the fact in the proposal form for consideration of the Insurance Company.
What recourse do I have when a doctor sends me a bill for a procedure because the insurance company has denied coverage for what I think is a bogus rationale?
Take the Insurance company to court. The Doctor has to be paid by some one. and in the end it is you that is responsible for this.
