Life insurance is one of the most valuable ways to enhance your financial security. But something a lot of consumers don’t realize is that signing up for life insurance comes with stipulations. The most important of which is being in good health. This why going for an official health exam, is part of the application process with life insurance policies. Business Expert Maxime Croll suggests that “When you submit an application for life insurance, the insurer will usually request a medical exam to determine whether you have any diseases, if you’re at risk for any diseases, and to determine your drug use. The exam may involve a physical, blood test, urine test and EKG, as well as questions about your medical history.” Here are a few health problems which make it harder to get life insurance:
1. Chronic Illness:
Pre-existing chronic illnesses are at the top of the list when it comes to health exams. Insurers prefer to cover healthy individuals because good health reduces the chances of dealing with instantaneous claims. It’s not impossible to get life insurance if you’re sick, but the coverage options available do decrease.
Regular or heavy drug use is a significant risk factor for insurers. This is because drug-use indicates exposure to life threatening variables such as criminality or overdoses. With or without life insurance, one of the best things you can do to protect yourself is saying NO to drugs.
3. Smoking Cigarettes:
Decades of scientific research has demonstrated that smoking cigarettes causes cancer. Which is exactly why covering a smoker is a nightmare for insurers. Using cigarettes, or any variation of tobacco products, creates an instant bad impression when signing up for life insurance.
4. Lifestyle Symptoms:
If someone is prone to overeating, it’s likely they suffer from symptoms such as high cholesterol, high blood pressure, prediabetes and so on. Even though such symptoms don’t qualify as illnesses, they’re red flags which imply that illness is just around the corner. Do whatever is necessary to treat lifestyle symptoms before they’re detected during a health exam.
If getting life insurance sounds like something intriguing to you, bear in mind that your lifestyle has a lot to do with being approved for it. In fact, it’s very similar to signing up for health insurance. As long as a potential policy-holder has any preexisting conditions, certain limitations arise which make it difficult to secure coverage. This is why it’s advisable to lead a healthy lifestyle in advance of pursuing life insurance. Keep yourself in good shape, and detoxify your system before applying for coverage. For more information, visit our website or give us a call at 1-800-639-7654 to find out how Adriana’s Insurance Services can help you stay safe. We got you covered!