When a company declines to insure us, we can feel rejected. It doesn’t hurt as badly as being rejected as a person, but it still is not a pleasant experience. First of all, we do know more about our bodies than the insurance company. We feel good and function every day at full capacity. So how can they say that we are not insurable? I understand the problem. I was declined for insurance coverage three times. In the past ten years since I was declined coverage, I have had no sick days when I was out of the office, I was never incapacitated, nor did I run up any unusual medical bills. So who are they to say that I was uninsurable? That I was an insurance risk? I felt they were not being fair.
But insurance companies do not really care how I feel or my opinion about my good health. They consider past ailments, my age, height and weight, etc. Based on their own experience with applicants similar to me (and they deal with thousands of applicants and clients), they determine if insuring me is a risk. If I am not a risk based on their experience with people who are similar to me and have had ailments similar to mine, they will provide me with an insurance quote.
So when an insurance company declines insuring you as an acceptable risk, don’t take it personally. They look at one factor only – risk! If the risk is acceptable, they will insure you.
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