There’s this area of underwriting that has always been a source of annoyance for me. It involves foreign travel, but more specifically foreign travel as a missionary. The whole subject seems to be a stumbling block for almost all insurance companies. They just don’t seem to want to underwrite policies on people who travel around the world helping the poor and needy. Much too dangerous they say.
My confusion comes when these same companies will underwrite someone who is on active duty in the military “as long as they don’t have current orders to a war zone”. In this day no current orders simply means you haven’t received any yet.
My confusion comes when these companies don’t even ask whether you ride a motorcycle or live in a high crime rate area. My confusion comes when the same companies will underwrite you if you vacation in the same overseas areas where they will decline you for doing missionary work.
Being an independent agent has allowed me to scour the earth in search of a company that won’t hold a grudge against those who do the Lord’s work. There have been some breakthroughs in that area just recently. There are companies that will hang with you even though your reason for foreign travel is not for a vacation. You can’t find these companies without finding an agent who has done the leg work and knows what direction to take you.
So, a breakthrough, finally, for even the oppressed of the life insurance industry.
This post is somewhat dated. Life insurance underwriting is changing and evolving continually. For more updated information check out some of the key word links. If you have a specific question or topic you need information for do a search. If you don’t find the answers you need contact me and we’ll make sure you get the information that is important to you.