The bottom line Life insurance underwriting for veterans with hearing loss claims cannot be assigned a universal rate or approval answer from a diagnosis alone; the result depends on the application, medical records, and facts the insurer evaluates. A VA rating can document history, but it does not guarantee a rate class or approval. A … Read more

The bottom line What medical records are checked during contestability depends on what you disclosed on the application. Within the first two years, an insurer may review your application, medical records, and prescription history to verify the answers you gave. If a material misrepresentation is found, the policy can be rescinded. What medical records are … Read more

The bottom line Can claim be denied for application mistakes? It depends on the error, the policy, and the applicable state law. New York DFS says its cited contestability rule can apply within two years of the policy’s issue date or an increase or change’s effective date. That is a New York example, not a … Read more

The bottom line Does incontestability protect application mistakes? In New York, a policy generally becomes incontestable after it has been in force for two years, and a material misrepresentation can be contested only within that period, according to the New York State Department of Financial Services. Other states and policy terms can differ. The answer … Read more