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Can Overweight People Get Affordable Life Insurance?

There are approximately 127 million people in the United States who are overweight and another 69 million who are obese.  With this increased risk life insurance companies have been increasing the rates for life insurance.  Use the answers to these questions to get a better understanding of life insurance for overweight people. Continue reading to learn about our reviews such as our Metlife Life Insurance Review.

How Your Weight Can Affect What You Pay for Life Insurance Coverage

There are numerous factors that go into consideration when a person applies for life insurance – including a person’s weight. While many people who are overweight may be healthy in all other aspects, the truth is that added weight can still have an adverse effect on one’s overall life expectancy. Therefore, the life insurance underwriters take this into consideration when reviewing your application for coverage.

Today, it is estimated that more than 35 percent of Americans who are over age 20 are overweight. There are numerous reasons for this – watching too much TV, working at computers, and simply not exercising enough are just some of them.

overweight people approved for life insuranceOne of the primary concerns regarding those who are overweight is the effect that it can have on one’s cardiovascular system. With this in mind, the underwriters will typically want more information regarding your blood pressure, your cholesterol, your family history of heart disease, and your current exercise habits.

The underwriters will also want to know additional information on your body’s build and body mass index. This can help them in determining whether your weight is in line with your height, or if you are considered more on the obese side of the equation.

In addition, questions will also typically be asked regarding whether your weight is the result of a disease, as well as whether or not your weight has fluctuated a great deal over the years or if it has remained constant.

Why do life insurance companies treat people so differently?

The purpose of life insurance underwriting is to determine how risky it is to issue a life insurance policy to a person.  Being overweight increase your risk of contracting many diseases so this increases the risk that the life insurance company would have to pay out the death benefit.  The US Centers for Disease control and prevention report that being overweight increases your risk for:

  • Type 2 Diabetes
  • Stroke
  • Sleep apnea and respiratory problems
  • Liver disease
  • Increased in blood pressure
  • Heart disease
  • Heart attacks
  • Cancer
  • Osteoarthritis

With all this in mind a life insurance company has to increase the rates of life insurance for overweight people to make sure they are not at risk financially.

Other Factors that the Underwriters Consider

In addition to weight, life insurance underwriters consider other criteria as well when reviewing your application for coverage. These include your age, gender, marital status, smoking habits, alcohol usage, occupation and income (if applicable), health history, family health history, and habits.  Smoking habits are a big factor because finding affordable life insurance for smokers who are in pristine health is already more expensive.  So if you are overweight smoking is going to be a big strike against you.

It is also likely that you will be required to undergo a medical examination as part of the underwriting process. This process entails meeting with a professional paramedical individual who will taking readings such as your blood pressure and heart rate. They will also discuss in more detail your health condition, health history, and family health history.

In addition, you will also need to submit a blood and urine sample. These will be analyzed for certain types of health conditions that may be considered risky to the life insurance company in terms of posing a potential claim.

Once all of the information about you has been received by the underwriters, they will be able to make a more informed decision about your coverage. Upon making a decision, the underwriters will be able to place your policy into a certain classification. This will also determine the premium that you will pay.

Does it matter if I am obese instead of overweight?

Yes, it matters dramatically.  People who are overweight can get generally good rates on life insurance (not the best but good).  On the other hand, life insurance for obese people can be dramatically more expensive or they may not be able to get life insurance at all (depending on the severity of the obesity).  Obese life insurance will be significantly higher so getting out of this classification will be key to getting the best rates.

We may not be able to get you a good rate on a standard policy of you are obese.  If this were the case for you we would need to turn to a no physical life insurance policy.  These policies do not require a medical examination but do require that you fill out a short health questionnaire.  Depending on your specific case this may help you to get a lower monthly rate.

What are the best ways to get lower rates on life insurance?

Logically the best thing to do is lose weight.  People with better weight for their height will get the best rates on life insurance.  Get your other health stats in order. Your rates will get worse if you are overweight or obese and also have high blood pressure.  Any other health condition should be as good as you can get it before purchasing an overweight life insurance policy.  Finally, you will want to do is work with an agent who knows which carriers are most forgiving of being overweight.

At InsureNow365 we work with people that are overweight looking to get life insurance all the time.  This allows us great knowledge of the life insurance market and what are the best life insurance companies for people that have weight problems.  By going with the right company and the right policy you can save substantially over similar coverage from the wrong insurance company.  We have a passion for helping people in higher risk categories get the best rates. Whether that is someone looking for bipolar life insurance or is simply overweight.  We want to see you get the best rates possible.

Can I get lower rates if I lose weight and already have life insurance?

YES!  Instead of heading out and buying new clothes when you lose weight you should call your life insurance company.  Many of them will lower your premiums once they verify that you have lost the weight.  The other option is to get a completely new policy.  If you drop enough pounds you can even get yourself out of the obese life insurance or overweight life insurance categories.

Where to Find Life Insurance

If you are searching for life insurance and you are overweight, the best thing you can do is work with a company that has access to several insurance companies. That way, you will be able to compare different policies’ benefits, as well as different premium rates in order to determine which plan will truly work the best for you.

When you’re ready to purchase a life insurance policy, we are here to help. We work with many of the top rated life insurance carriers in the market place today – and we know which companies have a focus on higher risk applicants. Therefore, we can point you in the right direction up front, in turn, saving you a great deal of both time and frustration throughout the application process.

We can also help you in comparing the plans and policy premiums from the various carriers – all from the convenience of your home computer – without the need to ever meet in person with a life insurance agent. And, you can get all of the information that you need within seconds.

In order to get the process started, all you need to do is use the form on this page. Should you have any questions along the way about how to compare policies, how to obtain premium quotes, or even about life insurance in general, we have experts on staff who are available to assist you. Please feel free to contact us directly, toll-free, at 888-229-7522 and we will make sure that you have the answers that you need to confidently move forward in purchasing the coverage that you need to protect the ones you love.