FAQ for Health Insurance Quotes


Question:
Are Insurance Companies Required By Law To Issue Individual Policies To Anyone Who Applies?

Answer:
No. Companies that issue individual coverage underwrite the applications prior to policy being issued. Underwriting is based on many things including, but not limited to, age, health status, occupation and hobbies. The company may (a) issue the policy as applied for; (b) issue the policy with stipulated exclusions either for a limited or unlimited period of time; (c) issue the policy with an added premium; (d) decline issuance of the policy. If a policy is issued other than as applied for, the company must provide reason for offering exclusions or a declination, upon request; (e) there are several states that are guarantee issue states and must offer coverage. Check with your Department of Insurance in your state for more details.

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ASAP Quotes believes that informed consumers are happier consumers. If you have a question regarding health insurance, then this FAQ may be of help to you.