When a life insurance company wants to determine whether a candidate qualifies for a policy, it will typically call for a paramed exam in Houston, TX.
While going through the examination process, many people experience anxiety. Medical records are private information, so they might even feel the exam infringes on their privacy, but there is more to know. For example, paramedical exams provide a wealth of information about your health, which can significantly expand your life insurance options.
Below, Medical Profiles, Inc. explores paramedical exams and how a life insurance company might use this information.
What Does a Paramed Exam Involve?
A paramedical exam is a comprehensive report about your current medical condition, medical history, and your family’s known health history. Life insurance companies favor them during the application process, using the information to determine whether you qualify for traditional policies or premiums.
Some applicants will avoid paramedical exams, opting instead for guaranteed policies. For example, applicants with severe health conditions cannot obtain traditional coverage. Guaranteed coverage costs more, but these policies do not require an exam.
How Does the Life Insurance Company Use the Data?
Insurance companies use your exam’s data to choose the following:
- Appropriate policies
- Applicable underwriting
- Coverage rating class
The results essentially determine how much you will pay, how much your family will receive, and which causes of death will feature as exclusions in your policy’s coverage. An insurance company should never share your results with any other parties, even after denying your application. Your results should also remain private between you, the company, and the examiners.
You may be able to use the same exam results for other applications for up to a year. If you apply for insurance after this period lapses, you will need another paramedical exam.
How to Pass a Paramed Exam in Houston, TX
If you are anticipating a paramedical exam, you can circumvent any anxiety or concern by preparing well. Begin as soon as you decide to apply for life insurance to increase your chances of qualifying for lower premiums or better policy coverage by the time the life insurance company reviews your application. Why not start by implementing the following habits?
- Eat Healthily. Cut junk food out of your diet, replacing it with a balanced diet that caters to your caloric needs.
- Get Moving. Start an exercise routine that improves your heart and lung function.
- Improve Habits. Stop using tobacco, alcohol, or other substances that negatively impact your health so that you are more likely to pass the urine test.
- Go Early. Schedule appointments in the morning when possible since most people have lower blood pressure earlier in the day.
- Make Lists. Create a list of all your prescribed medications and how often you take them.
- Visit a Doctor. Do you have a pre-existing condition? Consider making a plan with your doctor to improve it over time.
Implementing these healthy habits as a lifestyle will regulate your body before an exam. So, when a professional asks for a urine or blood sample, you can confidently provide one.
Can I Use Paramedical Exams for Another Insurance Application?
If one company rejects my application, can I use paramedical exams for another insurance application? Yes, you will most likely be able to reuse your results for other life insurance applications for up to a year.
Schedule a Paramed Exam with Medical Profiles, Inc.
At Medical Profiles, Inc., our providers make the paramedical exam experience as easy as possible. We have a versatile, convenient process that meets your needs and focuses on your comfort.
Anticipate the application process and schedule a paramed exam in Houston, TX, with Medical Profiles, Inc.—call (832) 251-3926 today!
