1. 710 POINTS
    Larry Tew
    Larry Tew Financial, Raleigh, NC
    Credit score usually is not a consideration for life insurance underwriting. However, if the face amount applied for is large enough to require a telephone interview or full blown inspection report, an applicant's financial habits may come into play.

    While a person's credit score does not have a direct bearing on the underwriting of the case, a bankruptcy may be considered by the underwriter.
    Answered on April 3, 2013
  2. 0 POINTS
    David RacichPRO
    Fountain Hills, Arizona
    Your credit score could affect your life insurance offer. Every life insurance underwriting includes not only medical investigation on some level depending upon the amount you’re applying for, but your financials not only to justify the coverage, but to assess your credit worthiness. Poor credit scores could affect your premium payments.
    Answered on June 28, 2013
  3. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    Your credit score is usually not reviewed in life insurance policies that have smaller face amounts, or in No Exam life insurance. However, I have seen a policy postponed simply for a very poor credit score because of the substantial premium it required. So the answer is "it depends", but it is very, very rare for a policy to be affected by credit score.
    Answered on June 28, 2013
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