Life Insurance & Medical Disclosure--How Much Can One Hide?

Let’s say that tsunamisurfer has an, um, good friend who is getting to that point in life at which life insurance might be a good idea. Problem is, my friend doesn’t like to stand atop a tall building with a megaphone and broadcast everything in his/her medical file for public consumption and accidental release to his/her employer, Medical Information Bureau, a clever computer hacker, etc. etc.

The fact is, when one applies for life insurance, one must consent to the prospective insurer nosing through one’s medical files and asking lots of personal questions that may or may not be well guarded by that insurer. If the insurer discovers–within two years of the policy issuance date–that something was deliberately concealed, the policy is rendered null and void, and the possibility of getting a future life insurance policy is slim to none.

Can my friend go to a different physician, pay cash, and use an assumed name for treatment of his/her condition without that insurer finding out? In a nutshell, then, how can one “work the system” to maximum effect while minimizing the potential downside?


I work for an insurance company. Do not screw with them. If something is deliberately concealed, worse things may happen than just loosing your policy.

However, insurance companies cannot divulge confidential information to anyone.

That’s all I have to say about that.

I also sell life insurance to my clients. The insurance companies usually have you go to a doctor for a physical. They also have teamed up to form the Medical Review Board (name not certain)…which is basically a huge database of medical information that they erm, “found” while searching through public records. You would be surprised what they can find. Anyhow, if “your friend” is really in dire straits, “your friend” is probably uninsurable. I wish “your friend” the best of luck though…

This is also a good reason to buy life insurance (at least term) while you are healthy. Most insurance companies will let you upgrade/change the policy without having to medically re-qualify. It depends from company to company, though.

I looked it up - it’s the Medical Information Bureau or “MIB” if you’re cool. :cool: