Getting life insurance after a DUI, DWI, or Reckless Op can be difficult. If you apply with the wrong life insurance company, you may find yourself paying more than you should; or, you may not receive any coverage, period.
We are here to explain which life insurance companies are the best match for someone with a DUI conviction, along with the underwriting guidelines that will determine if such a person will qualify for coverage.
In fact, people are often surprised to learn that a DUI can prevent them from getting life insurance. Carriers take this issue seriously — and they will also review your entire driving record.
We have analyzed the driving record and/or underwriting guidelines for over 40 of the top life insurance companies in the country. These companies are some of the best carriers, if you also happen to have a DUI conviction.
Underwriting Reports
Remember: Every life insurance company will ask for your driver’s license number, on a life insurance application form, and each company will order your motor vehicle report. This evaluation is part of the underwriting process, so if you have had a DUI, DWI, Reckless Op or even a suspended license of any kind — an underwriter will see this information, and apply it to the guidelines concerning your eligibility for coverage.
Preferred Plus or Preferred Rates
To even think about either preferred plus or a preferred rate class you can not have had a DUI within the last 5 years.
Most life insurance carrier only go back 5 years on the MVR so if you have a DUI over 5 years old and you have had no history of alcohol abuse you can get the best life insurance rates with almost all carriers.
Company
Standard Plus
Standard Plus – No more than 2 moving violations in the past 3 years; no DUI, no Reckless Op, and no suspension or revocation of driver’s license in the past 5 years.
Standard Rate
Standard Rate- No more than 3 violations in the past 3 years; no DUI, no Reckless Op, and no suspended or revocation of driver’s license in the past 2 years.
Standard Plus – No more than 3 moving violations in past 3 years; no DWI, reckless, license suspension or revocation in past 3 years
Standard Rate – No more than 4 moving violations in past 3 years; no DWI, reckless, license suspended or revocation in past 2
No-Exam Company Guidelines
We have one no exam life insurance company that will offer up to $400,000 in term life insurance with a DUI older than 2 years. This company offers 10-, 15-, and 20-year term polices. You can get a no-exam life insurance quote here.
Preferred Rate – No history of DWI, DUI, or reckless driving within the past 5 years. And no more than 2 minor violations within last 12 months.
Standard Rate – No history of DWI, DUI, Reckless driving within 3 years and, No major violations within 12 months
Rated – No history of DWI, DUI, or reckless driving within the past 2 years.
Get a Quote
You can run quotes on our quote engine. Bear in mind, however, that you should read the guidelines listed above to see if you potentially qualify for a particular rate or rate class.
We seek to simplify this process by acting as your advocate, delivering personalized service and relevant information that benefits you.
We also know how complex and misleading it can be to get life insurance in general.
With our expertise and insight, we are here to help you at every stage of this exercise.
