---
title: Does my credit score affect life insurance | Coverfolk
url: https://coverfolk.com/answers/credit-score-life-insurance
updated: 2026-10-08
---

# Does my credit score affect life insurance?

Updated October 8, 20263 sourcesCoverfolk team[Fact checked](/editorial-standards)

The short answer

Not directly, says Policygenius. But insurers may look at your credit report, and things like bankruptcy or missed payments can raise your price or lead to a no.

Policygenius says insurers do a soft check of your credit report when you apply.

They use it to make their own insurance score. You cannot look up this score. Each company makes it in its own way.

Bankruptcy matters. Policygenius says some insurers want it discharged 12 to 24 months before they sell you a policy. Others may just charge more.

Credit is one part of the picture. Insurers also look at your health, driving record, prescription history, and MIB file.

Check your credit report for mistakes. Texas says you can get free reports at AnnualCreditReport.com.

## More questions

### Will applying lower my credit score?

Policygenius says insurers use a soft credit check.

### How long should I wait after bankruptcy?

Policygenius suggests 12 to 14 months after discharge to get the best rates.

## Sources

1. [Policygenius: Does Credit Score Affect Your Life Insurance Premiums?](https://www.policygenius.com/life-insurance/does-your-credit-score-affect-your-life-insurance-premium/)
2. [Policygenius: What Is Life Insurance Underwriting?](https://www.policygenius.com/life-insurance/how-does-the-life-insurance-underwriting-process-work/)
3. [Texas Department of Insurance: Insurance fraud guide](https://www.tdi.texas.gov/pubs/consumer/cb044.html)