Reader question:

Just how much can my private information affect my life insurance rate quotes in Tulsa Oklahoma?

Greg

Thanks for asking, Greg.

Your medical information is everywhere, and so it’s very hard to keep it completely private, simply because of the vast amount of people that will necessarily see it, from doctors, to nurses, to receptionists, and so on. If you have your life insurance in a group policy, then in some cases the co worker who deals with the insurance for the company may even be able to learn personal information from your medical history. In many cases, life insurace companies’ search for medical information is not very well regulated, and even when there are laws prohibiting the use of certain information, the company can still ask your doctor for it, and in most cases the doctor will give it up, with no intervention from the Oklahoma Department of Insurance.

One of the weirdest pieces of private information that can affect your life insurance rate quotes in Tulsa Oklahoma is something that my friends in the life insurance business have been telling me about in excess. According to them, if you mention something in your doctor’s appointment, for example, if you ask what the risk of you getting a certain disease is, then that can go into your doctor’s medical files and can be used to rate your insurance policy.

take care,

Fashun