When applying for life insurance, there are many different factors that are evaluated by the underwriters. This is because the person being insured wants to know that he or she is not taking too much of a risk with each applicant for coverage.
There are a number of different health conditions that are likely to deem an applicant as uninsurable.
Likewise, there are certain health issues, as well as participation in dangerous occupations and hobbies, that can render a person eligible for coverage, yet will require them to pay a larger cost of premium in return for the individual being insured taking on the greater risk.
Certainly, an applicant’s weight is a pertinent factor when considering an individual for life insurance coverage – especially as it compares to the person’s height. For instance, an applicant who is 185 pounds and 5 foot 10 inches tall will be viewed much differently by the underwriters than someone who is 185 pounds but only 5 foot 4 inches tall.
Even for those who are otherwise healthy, being overweight can have a negative effect on the price you spend on insurance premiums, as the more you weigh, the more premium you are likely to be charged for your coverage.
How Life Insurance Rates Are Determined
When determining life insurance premium rates, insurers will typically use a height and weight chart. Although the actual guidelines will differ somewhat from one insurer to another, each company has a “build chart” that shows the ideal weight for males and females at various heights.
Depending on where a person falls in terms of their height and weight, they could be considered a Standard – or average. However, if they weigh more than the insurance company deems is appropriate for their build, it could knock them into the Substandard category.
If you weight is more than what the insurance company’s chart shows for your height due to muscle or big bones, however, you could be being penalized with a higher premium rate, even though you are technically not overweight or obese.
The important thing to know is that there are a few things that you can do in order to still obtain the life insurance plan that you desire without having to pay more premium for your policy. Doing so can end up saving you a whole lot of money over time.
First, if you are big boned or muscular and are thinking about getting life insurance, it is important that you find an insurer that will consider your waist and chest measurements in order to help with determining whether you are simply overweight, or you are in fact just muscular or big boned. This can substantially help your chances of approval, as well as keep your premium cost down.
In addition, prior to turning in your application, it is also important that you note either directly on the application itself or a separate sheet of paper the fact that you are muscular or big boned. Providing a photograph could also be helpful. By offering as much information as possible, you will assist the underwriters in getting the clearest picture possible of your overall condition and health.
One way to make sure you aren’t losing money is by spending time losing a few extra pounds by a healthy diet and exercise. Aside from helping you lose weight, both of these will also help lower your blood pressure and your heart rate. These different techniques will be able to help you attain lower rates for your insurance coverage.
Your weight is only one of the few factors that your insurance firm is going to study when calculating how much risk they might be taking on to insure you. There are multiple things that you can do to improve your likelihood of getting better-priced life insurance.
One of the smartest disciplines that you can take on is cutting out any cigarettes or chewing tobacco that you are using. Being classified as a smoker on your insurance policy is going to let your premiums go through the roof, regardless of the rest of your health or your weight. In fact, smokers are very likely to pay twice as much for life insurance compared to what a non-smoker is going to spend. It’s time that you dropped that poor practice now and forever.
How to Get Life Insurance for Big Boned and Muscular People
When seeking out the appropriate life insurance company for your coverage, InsureNow 365. We do business with many of the highest rated life insurance companies in the country, and we’re familiar with the companies who are more prone to take on various risks. Keeping that noted, we can help guide you in the proper direction to apply for your coverage – essentially saving you both frustration and time during the application process.
Prior to applying for coverage, it is always wise to obtain and compare premium quotes from several life insurers. That way, you can be sure that you are getting the policy that is best for yourself and for your budget.
In order to begin the policy and premium quote comparison process, just use our form on this page to get started. Additionally, if you have any other concerns or things to ask regarding life insurance, premiums, or underwriting, please don’t hesitate to contact us at the phone number 888-229-7522 and we will be more than happy to serve you.
Just because you’re muscular or big boned doesn’t mean that you should be penalized from getting life insurance – or even have to pay higher premium amount. So let us support you in finding the coverage that you want at a fair premium price.
Regardless of your size, or any pre-existing conditions you might deal with, you can get affordable and quality life insurance protection for your family. Our independent insurance agents are qualified professionals that have been working with dozens of highly-rated businesses around the United States for years. We can spare you both money and time on your life insurance plan. We will inform you which organizations are going to provide you the best rates for anyone that is big boned or muscular. There are some companies that are going to get you much higher rates because of your weight, but we can find the most affordable plan for you.
You can’t predict the future, but you can always plan for the worst. One of the wisest ways to do this is by having the life insurance security that your family will need if something terrible were to happen to you. Our agents can assist you in finding the best plan at an affordable price.