Life insurance protects your family and your peace of mind. When an unexpected death occurs, policyholders can rest assured that the benefits will help their families navigate upcoming challenges. However, your health can become an obstacle in obtaining an affordable policy with generous benefits.
How does your health influence your life insurance premiums? What can you do to lessen the expenses? Medical Profiles addresses your concerns below.
How Your Health Influences Your Life Insurance Options
Sometimes, health concerns arise through no fault of your own. Genetics, environmental issues, and accidents may cause unavoidable illnesses or debilitating conditions. Other times, a bad habit like smoking or drinking has unfortunate consequences.
Whatever the case, all health issues result in more expensive insurance premiums. They can even disqualify you from some policies. However, your health status isn’t the only factor determining your premiums.
Other Factors That May Shape Your Health
When you buy life insurance, you’ll divulge lots of personal information to the insurance company. Although good health improves your premiums and coverage, life insurance companies also consider:
- Your age: The younger you are, the lower your premiums. Age often comes with increased health risks, limiting the number of willing life insurance companies.
- Your sex: Women pay less for life insurance than men because of their higher life expectancy.
- Your hobbies and occupation: If you enjoy skydiving or work a risky job, you’ll pay higher life insurance premiums. Occupations and activities like these have high injury and death risks, making your policy purchase more risky.
- Your driving record: Recent traffic violations can also raise your premiums. However, infractions from five or more years prior may not have such dramatic effects.
- Your family’s medical history: Some conditions are hereditary. Therefore, you may have a greater risk of developing health complications later, even if you are perfectly healthy now.
Even if the above-listed factors count against you, you can still employ a strategy that helps you pass medical exams and secure better policies beyond term life insurance. Don’t become discouraged due to an application denial.
Lowering Your Life Insurance Premiums
You might discover that your health is surprisingly resilient, especially with professional medical guidance and consistency. Improve your policy options and premium costs with the advice outlined below.
Making a Plan With Your Doctor
First, visit your general physician to discuss your current health status. Aim to improve your condition within a year or two, as most paramedical exam results expire after a year. Once you learn more about where you stand, you can make moves to improve.
Establishing Healthy Daily Habits
Next, create a balanced meal plan consisting primarily of whole foods. Fruits, vegetables, whole grains, and lean meats will help you build a healthier body. Processed foods higher in sugar and fat can cause weight gain, lethargy, and endless cravings for similar meals.
You should also exercise daily to encourage circulation, build muscle, and improve mental health. Start with small changes like daily stretches and walks. Then, move on to more intense routines over time.
Dropping Bad Habits
If you consume habit-forming substances like tobacco and alcohol, cut those out of your routine bit by bit. Remember: nicotine and alcohol aren’t the only substances you should eliminate. Sodas and candies are also addictive due to their high caffeine and sugar content.
A Paramedical Exam From Medical Profiles Will Reflect Your Hard Work
Finally, you’ll reap the reward of lower life insurance premiums after a year or two of following your plan. A mobile paramedical exam from Medical Profiles will help you qualify for affordable policies with generous benefits. Call 832-251-3926, and we’ll come to you for your appointment.
