Nobody wants to think about anything tragic ever happening to them, but you never know what’s going to happen tomorrow. Since you can’t predict the future, it’s important that you’ve planned for the worst. One of the best ways to do that is by purchasing life insurance.
When you apply for life insurance, the company is going to look at every area of your life. Everything from your age to your hobbies. One of the biggest factors that they are going to review is your overall health. If you have any health problems, like high cholesterol, then you might be worried about getting declined for insurance or having to pay a fortune every month for your plan. Both of these couldn’t be further from the truth. Regardless of your cholesterol levels, there are plenty of quality and affordable options for life insurance.
High cholesterol is something which affects many Americans, and it could have potential negative impacts on your ability to buy life insurance.
Buying life insurance with high cholesterol can be much easier if you choose to work with an independent agent. This gives you the opportunity to work with a carrier who is more likely to offer you cheap insurance protection.
Let us help you find what you’re looking for. We can help if you need life insurance for people with health problems. Looking for life insurance coverage with Cerebral Palsy? We can help with that as well!
Life Insurance With High Cholesterol
While high cholesterol is quite common in America, most would agree they don’t see it as much of risk. A doctor might tell you to diet and exercise, and prescribe some medication to keep it level. Other than those, he’ll say it’s business as usual.
While you may think it’s minor, life insurance with elevated cholesterol levels can be considered risky from the life insurance carrier’s point of view. High cholesterol can be a leading indicator for some of the more risky diseases long-term which pose a threat to the company. The two most prominent are:
- Cardiovascular Disease
When you’re applying for life insurance, high cholesterol is something which is tested for when you undergo a medical exam. Because of this, it’s not only important to have a good history of normal levels, but you’ll want to try to ensure your levels are good on the day you meet with your nurse.
Tips For Passing Your Medical Exam
Accurate readings of your blood profile will aid in securing the best term life insurance coverage, at the most affordable premiums. While you can’t completely alter your blood before your exam, you can take some necessary steps to be positive they are a good representation of your health.
The first is to drink lots of water and eat as healthy as you can in the days preceding your exam. Eating light and eating food with low fat are key. You’ll also want to fast as much as 8 hours before your exam. This won’t guarantee you’ll get perfect levels, but it can help.
If you’re already prescribed a mediation for elevated cholesterol, take it exactly as the doctor ordered. Also, tell your examiner what medicines you take, including the dosage and frequency of use. Showing pro-activity in keeping your cholesterol under control is a great way to lock in low rates.
Getting Cheaper Life Insurance
Regardless of your cholesterol levels, there are a few ways that you can trim down your life insurance premiums and save money on your coverage. Making a few simple lifestyle changes can help save you thousands of dollars. One of the most common reasons that people don’t buy life insurance is because they think that it’s going to be too expensive, but that’s one of the worst mistakes that you can make. Don’t let high premiums prevent you from getting the insurance coverage that your family deserves.
The first thing that you should do is cut out any tobacco that you’re using. If you’re a smoker, you’re at a higher risk for having health problems, like a heart attack or cancer. That means that you’re going to pose a greater risk to the insurance company, and they are going to offset that by charging you higher premiums every month. In fact, anyone who uses tobacco is going to pay twice as much for life insurance versus what a non-user is going to pay for the same sized policy. If you want to save thousands of dollars on your life insurance, you’ll need to kick those bad habits once and for all.
Another easy way to save money is to slow down on your daily commute. While you may not realize it, when you apply for life insurance, the company is going to pull your driving records. If you have speeding tickets or several accidents on your record, then you’re going to pose more of a risk to the insurance company, which means higher premiums. If you want to save money, slowing down on your way to work could help you save hundreds of dollars every year.
The best way to ensure that you’re getting the lowest premiums is to compare dozens of companies before you decide which one is going to work best for you. Every insurance company is different, which means that all of them are going to offer you different premiums based on your specific situation. You can get drastically varying rates depending on the company that you get the quote from. Instead of wasting hours and hours calling different companies, let one of our independent insurance agents do all of the hard work for you. We can bring all of the best life insurance policies directly to you.
What A Carrier Needs From High Cholesterol Applicants
When you apply for life insurance with high cholesterol, you’ll be asked to provide as much accurate information in regards to your cholesterol as you can. The underwriting process will want detailed data. This is what an insurance company might ask:
- How is your overall health?
- How long have you had high cholesterol?
- What readings have you had previously? (LDL, HDL, Triglycerides)
- Has your cholesterol been treated? If so, how?
- Are you on any medications? If so, which?
- Is there any family history of heart disease?
- What is your current height/weight?
If you can provide a long standing report of health, or at least maintenance, you will probably get better ratings than most.
What To Expect When Applying With High Cholesterol
Most of our clients ask us what premiums they can expect to pay before they apply for life insurance. High cholesterol can bring excellent rates, but you could get worse if your levels are severe.
Top Tier Ratings
Yes, you can get them. Preferred ratings are attainable by some life insurance carriers, although not all. As long as your good cholesterol and bad cholesterol have a good ratio, and your levels don’t exceed a certain number, you can qualify. Some medication usage is okay, but high dosage and frequency requirements might bump you out of this category.
Mid Tier Ratings
These are reserved for most of the potential candidates for life insurance with high cholesterol. Standard ratings allow for higher levels than the preferred applicants, and also allow for the more liberal uses of medication. Some companies, however, will not offer to this risk class due to higher overall levels.
Low Tier Ratings
Sub-standard ratings are likely if you have high cholesterol in addition to other medical concerns, especially those of the heart or arteries. There are only a few companies who will take on the risk, so you’ll need to inquire about these before applying.
We know that shopping for life insurance is not a fun experience, but that’s why we are here to help. It’s our mission to ensure that you’re getting the best plan for you at the lowest rates. You never know what’s going to happen tomorrow, which means you shouldn’t wait any longer to get a life insurance plan in place. If something were to happen to you, and you didn’t have life insurance coverage, your family would be responsible for all of your debts and other final expenses. Losing someone that you love is never going to be easy, but having to pay for thousands and thousands of dollars of debt is going to make the situation much worse
If you would like additional information, please let us know and we’ll be happy to help.