Underwriting Life Insurance for Contractors
There are other factors such as family history, lifestyle, travel, and occupation. Overseas contractors may have a low risk job. The work itself doesn’t have to include risky job responsibilities in order to be denied life insurance. Now it makes sense that private security jobs in Iraq and Afghanistan may be too risky for life insurance companies due to the job responsibilities.
Their job is extremely dangerous. Unfortunately, if you are working in any of these countries you’ll be denied. It doesn’t matter if you work in a clinic or school.
All contract work in these countries are too risky in the eyes of the life insurance underwriters. They’re all labeled high risk contractor jobs simply because of the location of the work. A major factor for denial is that these jobs are usually in areas of war or violent conflict.
It doesn’t matter how healthy you are. It doesn’t matter if you are the perfect height and weight. Even the best life insurance companies can deny coverage for anyone who travels or works in dangerous countries. They won’t touch you if you’re traveling to the countries listed above.
You can be the healthiest person on earth. It won’t matter because those locations are too risky in the eyes of the life insurance companies.