When a person applies for life insurance, there are many different factors that the underwriters will review when making a determination as to whether or not the individual will qualify for coverage.
One of the primary determinants in their decision is high blood pressure. This criteria will not only be a deciding factor, but it can also play a role in the amount of premium that you pay for the life insurance policy.
Every life insurance company is different, and all of them are going to offer you different rates depending on which company that you contact. Some insurance companies have stricter medical underwriting, and those companies are going to give you higher rates. If you’re worried about how much you’re going to pay for your life insurance because of your blood pressure, don’t worry, it’s possible to get affordable life insurance protection.
Why High Blood Pressure Can Affect Premium Rates
While many people may not think that high blood pressure is a “big deal,” it can actually lead to some very serious health issues. This is one reason why high blood pressure can have such an effect on the premium rates for life insurance coverage.
Just some of the criteria that a life insurance carrier will consider as reasons for including high blood pressure as being a risk include the following:
- A contributing factor in heart disease
- It is also considered to be a cause in hardening of the arteries
- Can have an effect on a person’s eyesight, as it can harden the blood vessels that surround the eyes – in turn, leading to difficulty in one’s sight
- Can have a negative effect on an individual’s circulation in the kidneys
- Over a period of time, the hardening of an individual’s arteries may also be a leading factor in the cause of stroke.
Do All Life Insurance Companies Rate Applicants the Same?
Although all life insurance companies will use certain guidelines when reviewing an applicant’s health condition, not all of the companies’ guidelines are identical. With this in mind, the actual life insurance company that you apply for coverage with can make a big difference in whether or not you are accepted for a policy, as well as what your policy rating will be if you are accepted.
For example, an applicant may be accepted as a Standard policy rating at one particular life insurance carrier – and the very same individual may be accepted as a Preferred policy rating at another insurer. Therefore, it makes sense to “shop” and compare several different insurance companies and premium quotes prior to making a final determination as to which insurer you will apply for coverage through.
When applying for life insurance, it is likely that the underwriters will require additional information so that they can obtain a better idea of your overall health condition. In order to do this, some of the additional questions that you will likely be asked may include the following:
- At what age were you when you were initially diagnosed?
- What, if any, medication do you take for your condition?
- If you take medication what is the dosage? Has the amount of the dosage increased over time?
- If you take medication, when were you initially prescribed this medication?
- If you take medication, does the medication work to control your condition?
- Have you taken other positive steps to help control your high blood pressure such as diet and / or exercise?
- Do you have any type of heart problems?
It is also probable that the life insurance underwriters will want to know your blood pressure readings in order to get a clearer picture of your condition.
What Are Your Chances of Getting Life Insurance with High Blood Pressure?
All life insurance companies will differ in how they treat applicants. There are some that may offer applicants the very best possible rates, provided that the individual takes medication and the individual is otherwise in excellent health. Other insurers may penalize the very same applicant for simply taking medication.
In some instances, the age of the applicant may also play a role in the underwriter’s decision. For example, some carriers may allow an older applicant to have a higher blood pressure reading and still qualify for a better rate.
How Much Will Your Coverage Cost?
Having high blood pressure may or may not have an effect on the premium price that you pay for life insurance coverage. For instance, if you are taking medicine that is successfully controlling your condition – and you are otherwise in excellent health – it is possible that you could still obtain coverage and be charged the best premium rates. Though if you have a lifestyle choice such as being a smoker and seeking life insurance, this factor would increase your premium rates.
In other cases, however, a life insurance company may opt to charge an applicant a higher amount of premium simply because the individual has high blood pressure – which could, in turn, lead to other health issues in the future.
There are also some instances where an applicant will have high blood pressure that is combined with other health conditions such as diabetes or high cholesterol. In these cases, it is usually best to work with a life insurance specialist that focuses on “higher risk” cases. These specialists will know how to best proceed in moving your application through the process.
Oftentimes, these applications will require additional information that can help the applicant to successfully move through underwriting. Alternatively, the applicant may wish to apply using simplified issue. This entails applying for a policy that will not require a medical examination in order to qualify.
While the premium that is charged for a simplified issue life insurance policy will usually be higher than on a policy that goes through traditional underwriting (i.e., a policy that requires a medical exam in order to qualify), in some instances, it may be the only way to obtain the coverage that an applicant needs.
Regardless of the situation, we can help to point you in the right direction, as we work with applicants who are in a wide variety of different health related situations and who have many different types of life insurance coverage needs. In fact, placing such policies are not a big deal, as we know which insurers are more apt to cover applicants with various types of health conditions.
The Best Way of Buying Life Insurance
Although you could go about applying for life insurance coverage in the more traditional manner and undergoing a full medical exam, in many cases it makes sense to forgo this and to apply for coverage through a simplified issue policy.
In doing so, you will be able to skip the medical exam – including the providing of a blood and urine sample. This will eliminate the possibility of the life insurance underwriter finding any type of elevated blood sugar, blood pressure, and / or cholesterol levels, which could in turn, lead to a Substandard policy rating and an increase in premium rates for your coverage.
There are a couple of advantages and disadvantages of these policies that you should be aware of when you’re shopping for insurance protection. With a simplified issue plan, you’re going to be limited on how much coverage that you can buy. With most companies, you can only buy around $250,000 which isn’t enough protection for most families. Not having enough life insurance protection would leave you family with additional bills and expenses.
One of the advantages of these plans is that you can get approved for coverage must faster than you can with a traditional policy. With one of these simplified issue, you can be approved in a matter of days. With a traditional plan, you can wait up to a month to get that protection.
How and Where to Find the Best Life Insurance
If you are seeking life insurance coverage and you have high blood pressure, we can help. We work with many of the top life insurance companies in the industry today, and we can help you to obtain all of the information that you need quickly, easily, and conveniently – directly from your home computer, and without the need to meet in person with a life insurance agent.
We can also help you with narrowing down the right type of life insurance policy for your specific needs – such as term life, whole life, or universal life insurance coverage. This is important, as each of these types of coverage can serve different types of coverage requirements.
Likewise, we can also help you in determining the amount of life insurance coverage that you need in protecting those you love. If the unexpected were to occur, you don’t want to leave your survivors with too little financial protection. Items that should be considered include income replacement, debt obligations, and the cost of final expenses.
In addition, we will also help you to locate the life insurance carrier that will best fit your specific needs and not necessarily lump you into a high risk classification. This includes coming up with a premium price that can be worked into your life insurance budget.
Buying life insurance doesn’t have to be difficult – and that’s why we’re here to help. If you’re ready to begin the process of finding the right type and amount of protection for your needs and budget, all you have to do is simply use the form on this page.
Should you find that you have any additional questions regarding finding life insurance with high blood pressure or about obtaining life insurance quotes, please feel free to contact us directly by phone, toll-free, by calling 888-229-7522. Our experts will answer your questions quickly so that you can make the best decision for your needs. Contact us today – we’re here to help.