I recently applied for life insurance with Securian Financial and was denied coverage on 12/23 due to my BMI and mild aortic regurgitation. In 2020, my cardiologist mentioned that the aortic regurgitation wasn’t a major concern and didn’t recommend any medication, just monitoring it annually. Since I wasn’t experiencing any symptoms or pain, I didn’t mention this condition during underwriting because I didn’t think it was an issue.
It might be beneficial to submit updated medical records and a statement from your cardiologist to the insurance company, detailing the stability of your condition and the absence of symptoms.
It’s understandable to feel frustrated by the life insurance denial. While it might seem unfair, insurance companies adhere to strict underwriting guidelines to assess risk.
Reasons for Denial:
BMI: An elevated BMI can be a significant factor in a denial.
Aortic Regurgitation: Even mild cases are considered when assessing life expectancy.
Underwriting Process: Insurers thoroughly evaluate medical history to determine risk.
Potential Next Steps:
Appeal the Decision: Request a review of the denial, providing additional medical information if needed.
Consider Alternative Insurers: Some insurers specialize in coverage for individuals with health conditions.
Review Your Health: Address the BMI issue through lifestyle changes and keep up with regular check-ups for aortic regurgitation.
Explore Alternatives: Look into other life insurance options like term life insurance or guaranteed issue policies, which may have higher premiums but offer coverage.
Remember, life insurance companies aim to manage risk. Providing accurate and complete medical information is key to a successful application.