Denied Life Insurance due to VSG?

[KaiserKid 81]

I'm applying to increase my life insurance policy and need to complete a form. It asks if I've had any treatment or observation in the last 5 years, and I'm wondering how honest I should be. I had a coworker denied d/t prior back surgery, so I'm worried I'll be denied if I say I had VSG. They can always ask for my medical records or a physical and then they'll find out anyway and deny me. Anyone have experience with this?

[Paul Bahr 73]

While I'm sure anything's possible in the crazy minds of the insurance company bean counters, you'd think have the VSG surgery would reduce your risk level BECAUSE you're increasing your health level. But like I said, who knows what goes on in their heads.

Good luck.

[njgal 535]

Problem would be that if you lie now and they find out about it later there wouldn’t be a payout and you’d be stuck with already paid premiums I would think?

[Healthy_life2 8,327]

3 hours ago, KaiserKid said:

I'm applying to increase my life insurance policy and need to complete a form. It asks if I've had any treatment or observation in the last 5 years, and I'm wondering how honest I should be. I had a coworker denied d/t prior back surgery, so I'm worried I'll be denied if I say I had VSG. They can always ask for my medical records or a physical and then they'll find out anyway and deny me. Anyone have experience with this?

I have been approved for life insurance. I was honest about my surgery. If you get denied. You might try researching other insurance providers to see if you would be excluded or approved due to VSG.

Don't worry about a "what if situation" press on with the application. More providers out there that will approve.

[Sosewsue61 3,185]

Check your state legislature as newer laws may be in your favor, or you might be eligible to join a group w similar risks for a higher rate. Some companies have a time frame after any surgery for coverage, you might be denied but can appeal or reapply a year later. Good luck.

[KaiserKid 81]

13 minutes ago, Sosewsue61 said:

Check your state legislature as newer laws may be in your favor, or you might be eligible to join a group w similar risks for a higher rate. Some companies have a time frame after any surgery for coverage, you might be denied but can appeal or reapply a year later. Good luck.

I'm sure you're right - It's supplemental anyway and I'm guaranteed at least 1x my salary. I'm opting for more since it's open enrollment, but for anything more than 1x salary, you need this stupid form...

[Sullie06 1,028]

I have life insurance through my employer. I had to update my records after my VSG but it did not affect my coverage.

[Diana_in_Philly 1,426]

Lying on a life insurance application, if determined after your death, will void the policy and your survivors will get nothing. Period. Full Stop. I have represented insurance companies in these types of cases. Don't lie. If you don't get the coverage you want from the first carrier, try someone else. SOmeone will write the policy, but don't lie - because you will have wasted your premium money and your family will get nothing.

[Aries331 34]

What is VSG?

[teedsg 253]

I'm applying to increase my life insurance policy and need to complete a form. It asks if I've had any treatment or observation in the last 5 years, and I'm wondering how honest I should be. I had a coworker denied d/t prior back surgery, so I'm worried I'll be denied if I say I had VSG. They can always ask for my medical records or a physical and then they'll find out anyway and deny me. Anyone have experience with this?

That will be insane if they denied you. Nearly half of all people has had some type of surgery. Geez! I hope you get approved.

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[Aries331 34]

5 hours ago, Aries331 said:

What is VSG?

Nm. found it.