Can an insurance company deny life insurance coverage based on an individuals state of health or medical history?

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Can an insurance company deny life insurance coverage based on an individuals state of health or medical history?

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Elza Hellister

Life insurance provides the most valuable things You have: life, health, the ability to earn money, a confident future. This is a financial protection tool that guarantees you and your loved ones long-term financial support, gives you the opportunity to protect yourself from the consequences of an accident, death benefit to beneficiaries, avoid financial troubles and maintain a decent standard of living for Your family in the event of irreparable damage.

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An insurance companys decision to deny coverage to someone or charge them a higher premium because of a disability has to be reasonable and justifiable. This means that it has to be based on sound and accepted insurance industry practice, and the company needs to be able to support its decision with statistical evidence. Without evidence, an insurance company cannot deny coverage or charge higher premiums based on any of the protected grounds in the AHR Act.

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