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.
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.