A significant part of the life insurance application process is the medical exam. Before the insurance company approves your application, they are going to want to know how much risk that you are for coverage. The more risk that you are, the more that they are going to charge you for the insurance protection. During the medical exam, one factor that they are going to look at is your cholesterol.
It’s crucial that you get the best life insurance policy, and there are dozens of factors that you’ll need to consider. It can be a long and confusing process, and that’s why we are here to help. It’s our goal to connect you with the best plan possible.
Life Insurance with High Cholesterol
Having high cholesterol can be terrible for your health. Not only can it harm your health, but it’s also going to hurt your bank account as well. Anyone with high cholesterol is going to be considered a “high-risk” applicant, which means that you’re going to pay more for your life insurance protection.
Before we get into how high cholesterol, let’s talk a little bit about cholesterol itself and how it can affect your health. While everyone knows that having high cholesterol is bad, very few people understand what it is or what it does.
Cholesterol itself is not bad. In fact, there are two types of cholesterol, HDL, which is the good cholesterol, and LDL, which is the bad cholesterol. Cholesterol itself is a waxy substance that is used by the body to keep us healthy. Our body produces cholesterol itself, and we also get some of it from the food that we eat.
If your cholesterol is too high, then you’re going to be at a much higher risk of having a heart attack and a stroke. Being at a higher risk for those health problems means that you’re a higher risk to the insurance company. In some cases, your high cholesterol can be a symptom of your diet, or in other cases, it could be because of your genes.
Having high cholesterol doesn’t mean that you have to pay a fortune for your life insurance coverage. There are several ways that you can get lower insurance premiums. When you apply for life insurance, the company is going to look at several key categories of your cholesterol, like how long have you had high cholesterol, if you take any medications and the amount of control that you have over it. They are also going to look at any other pre-existing health complications that you have.
Getting Lower Insurance Rates
If you want to save money on your life insurance plan, there are several ways that you can secure better premiums from the insurance company. Making a couple of changes can save you thousands of dollars every year.
The first thing that you should do is cut out any tobacco that you currently use. If you’re listed as a smoker, then you should expect to pay higher premiums for your life insurance policy. Using tobacco is going to raise your chances of being diagnosed with different kinds of cancer or heart problems. That means that you’re going to pay a lot more for insurance, in fact, smokers are going to pay at least twice as much for their insurance protection. With some companies, you’re going to spend as much as three times versus what you would pay for the same plan if you didn’t smoke. Cutting out any tobacco is going to save you thousands of dollars.
Another way to save money is to improve your overall health. The results of the medical exam are going to play an important role in how much you pay for the coverage. If you want to save money, it’s time to start getting regular exercise and making healthier dietary choices. Both of these can help you lose weight, lower your cholesterol, reduce your blood pressure, and much more. If you’re overweight, then you’re going to pay at least 50% more for your life insurance.
The best way to ensure that you’re getting the best rates is to compare dozens and dozens of quotes before you pick the one that’s best for you. Every insurance company is different, and all of them are going to give you different rates depending on which company that you contact.
There are hundreds of companies on the market, which means that you could spend weeks calling different companies to find the best plan. Instead, let one of our independent agents do the dirty work for you. Unlike a traditional insurance agent, we work with dozens and dozens of highly rated companies across the nation. Every company has different medical underwriting, and finding the perfect company is the difference in getting an affordable policy or one with drastically higher premiums.
You never know what’s going to happen tomorrow, which means that you shouldn’t wait any longer to get the life insurance that your family deserves. If you have any questions about getting life insurance with high cholesterol, please contact one of our agents today. We have years and years of experience working with clients with high cholesterol. We know which companies give you the best rates. We can save you both time and money on your life insurance search.
We know that nobody wants to think about his or her death, but not planning for the inevitable is one of the worst mistakes that you could ever make. If you don’t have life insurance, your family would be responsible for a massive amount of debt and other final expenses.