Term Life Denied because of MIB Report, is Whole Life my only option left?
Excuse my ignorance but 41 yr old here that just got denied multiple times for term life because of “information” obtained from MIB report. I am certainly not in the best shape (6-00 268lbs) and have 4 years ago been diagnosed with type 2 diabetes (was 310lbs then) but its crazy to me that I’ve been told I will likely never be able to qualify for term life because of the info on that report. I didn’t even know such report existed. My diabetes has been under control (5.2 a1c) and I have been loosing weight constantly. I haven’t felt this good since high school.
The crazier thing is although I did get approved by a small whole life policy, I also got denied by a whole life that I was trying to stack, for the same MIB report.
I did walk into a 24hr small ER room 12 months ago because of a bump i had (abscess). It was not an emergency I just walked in got treated and went on my way. I remember the doc saying it was likely caused by my high glucose (wasn’t monitoring it back then).
Could this be what is showing on my report and the reason im being denied? any suggestions greatly appreciated! Odd that a whole life also denied me though just doesn’t add up. Waiting on the report now but just eager to get any input on this.
TIA for your time in reading my comment.