Life Insurance Companies in New York
Reader’s Question:
I’m 26 and I plan to purchase a life insurance policy. My friend told me that some life insurance companies require medical examinations. I would like to know the information that we need to provide during medical examination.
Janet
Buffalo, NY
Life insurance companies may require their policyholders to get a medical examination for the purpose of assessing accurately the risk. Medical examinations are usually required to people who are considered to be at older age and those who want to purchase higher life insurance premium.
If you were asked to take a medical examination, there is little information that you need to provide them. Doctors may check your eyes, ears, nose, throat, height, weight, pulse rate and blood pressure. You will be asked for the last period when you had your medical examination and why. Complete and detailed information can help in easier issuance of life insurance policy. If you were hospitalized, the life insurance company would like to know the reason, the result and whether you have already recovered. They will also ask you if you are taking any medications and its purpose. Urine specimen, blood sample, oral sample, chest x-ray or EKG may be required. The life insurance company may need your signature to authorize them to request medical information you had in the past. If a problem is uncovered on the initial medical examination, the life insurance company may require you to take a second medical examination or more.
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