If you suffer from weight problems and you wish to apply for life insurance, you have come to the right place.
Getting life cover can be difficult if you have a pre-existing medical condition. Insurance companies may either class you as ineligible for cover or quote you a high premium without even determining the severity of your condition.
Fortunately our partners specialise in impaired life cover for those with ‘high risk’ illnesses or diseases. They know which impaired life insurance firms to work with based on your specific condition and how to get you the most competitive rates.
How obesity can affect life insurance?
When assessing your eligibility for life cover, insurance providers will mainly want to find out whether you are leading a healthy lifestyle. As obesity is largely linked to unhealthy living habits, such as poor diet and lack of exercise, it will raise concerns for the insurer that you are not taking good care of yourself. Insurance companies will also class you as a ‘higher than average risk’ customer due to the fact that as obesity is a major risk factor for serious conditions such as diabetes and heart disease.
Generally speaking, insurance companies will determine whether you are overweight or obese by calculating your BMI (Body Mass Index), which is a measurement of how far from your optimum weight you are. If you have a poor BMI, you may still qualify for life insurance but will most likely have to pay above the standard rate.
Other factors that will affect your ability to take out suitable life insurance include lifestyle factors (physical activity, diet, smoking, etc), your medical history and family history of obesity and related conditions such as diabetes.
Let us help you get the life insurance coverage you need.
Please note this information is for illustration purposes only and we cannot guarantee that a client with obesity will be accepted for life insurance.