The underwriting health class that you are graded will determine your cost of life insurance. While we would all like to be PREFERRED BEST, the truth is that only 12% of applicants get the highest rating.
Your health rating starts with your build, that is , height and weight. The best practice for the initial quote is to use STANDARD as a jumping off point. Final rates are often slightly better or slightly worse.
Because you can be approved in just a few minutes or days depending on the carrier, whereas, most policies cases take 4-8 weeks. Additionally this gain in speed of decision happens for little or no additional premium cost.
Avoiding blood work is an especially good idea when you are overweight. You don't want to find out about health issues at your life insurance exam. An annual physical is a better and less expensive plan.
Would the rates be better once you lose the we weight? Yes, of course. But your loved ones need protection today. Moreover, once you lose the weight you can look for a better priced policy. The important issue is to protect your family as affordably as possible today. After all, none of us are guaranteed tomorrow. Hearing "She was waiting to lose weight to get insurance" is not a great legacy for your loved ones. Take a look, you may be surprised at how affordable a policy can be today.
"Jim Tobin and the Life Insurance Help Desk saved me almost $100 a month by switching my 20 year term life insurance policy. I couldn't be happier with the service received or the final result."
Jerry Gallagher Milford,CT