High Risk Life Insurance

There are over 700 life insurance in the United States and each one has their own rate sheet and underwriting guidelines. Factors such as your age, coverage amount and length of the policy all affect the premiums. More specifically, your height/weight, blood pressure readings, cholesterol readings, family history, driving records, health conditions current and prior, foreign travel and even avocations such as scuba diving will determine which life insurance will offer the best rate. Even a single pound on the weight chart or one point over on your blood pressure readings can affect your rate significantly if you choose the wrong carrier. 

The good news is I have been doing this for over 11 years and placed over 4k policies inforce and have a unique knowledge of the underwriting guidelines as well as have access to software to filter the best carrier for specific underwriting profile. Additionally, and I believe is the one of the most important tools I utilize for life insurance underwriting is called a “Quick Quote” and I probably use it more than anyone else in the country. This enables me to gather relevant information about the health of the potential applicant such as; age, height/weight, medications, occupation, health conditions, and any other relevant information and email the underwrites directly and anonymously to see what rate the life insurance company would potentially offer. I can ‘paint the picture’ for the underwriters for your health profile in the best light to help you get the best rate. This is an extra step that most agents don’t do, either because it is more work for the agent and “isn’t a one call close” or they don’t know how to properly do a Quick Quote, but I believe it is imperative if you want to act as a fiduciary. Using Quick Quotes effectively has enabled me to get hundreds if not over a thousand of people approved that were declined with another company or found them best rate in the country for their specific health or lifestyle situation.

 Let’s take a look at some of the most common health and lifestyle factors that affect life insurance underwriting.

ADHD/ADD

Alcohol abuse

Anemia

Aneurysm

Angina

Angioplasty

Anxiety

Apnea/sleep apnea

Aortic valve

Arrhythmia

Arteriosclerosis

Asthma

Atrial fibrillation (Afib)

Artificial Valve

Aviation

Bankruptcy (Multiple Bankruptcy)

Barrett’s esophagus

Bell’s Palsy

Bicuspid Aortic Valve

Bigeminy

Blood pressure (Hypertension)

BMI

Bypass surgery

Build (Height/Weight)

Bundle Branch Blocks (BBB) Left/Right

Cancer (Colon, Basal Cell Carcinoma, Breast, Leukemia, Lung, Malignant melanoma, Pancreatic, Prostate, Squamous Cell Carcinoma, Thyroid)

Cannabis

Calcium Score

CBD Oil

Chew/dip

Climbing and mountaineering

Colon polyps

DUI (Multiple Dui)

Cholesterol

Cigars

Depression

Driving

Drug Treatment

Family History

Military

Motor vehicle racing

Chronic obstructive pulmonary disease (COPD)

Coronary artery disease

Crohn’s disease

Diabetes (Type I, Type II, Gestational Diabetes)

E-cigarette

Emphysema

Epilepsy/seizure disorder

Gastric surgery for obesity

Gout

Grave’s Disease

Hashimoto’s Disease

Heart attack

Heart murmur

Hepatitis B

Hepatitis C

Kidney function test

Liver Disorder

Liver function test

Lymph Node Disorder

Marijuana

Multiple Sclerosis (MS)

Myocardial infarction

Neuropathy

NT-proBNP

Obesity

Osteoarthritis

Pacemaker

Pain Medications (Opioids)

Pancreatitis

Parkinson’s disease

Peripheral artery disease (PAD)/peripheral vascular disease (PVD)

PSA Elevated

Pulmonary nodule

Rheumatoid arthritis

Scuba diving

Sky diving

Stent (Multiple stents)

Stroke

Tachycardia

Transient ischemic attack (TIA)

Transplant (Kidney, organ)

Travel Foreign

Tobacco

Ulcerative colitis

Underweight

Vaping

Visa (H1b and all others)

Wolff-Parkinson-White

Case Study 1: A 58 year old male, diagnosed with type II diabetes 4 years ago, taking metformin, and a blood pressure and cholesterol medication. He he had mild peripheral neuropathy from diabetes but doesn’t affect mobility, works full time no other issues. PI was approved at standard plus. Other top carriers offered table rates for much higher premium.

Cast Study 2: A 45 year old female, takes 2 medications for anxiety/depression. Works full-time, never missed time from work was approved at the Preferred health class, most other life insurance companies offered a standard health class which was a large difference in monthly premiums.

Case Study 3: A 62 year old male, had prostate cancer over one year ago at age 61. Had a radical prostatectomy. Last PSA reading was negligible. He was approved at standard plus health class. Many other top insurance companies were a decline/postpone until more time passed or were table rated and very expensive.

Case Study 4: A 40 year old male, 6’00 220 lbs was seeking $1million 20 year term policy. He is in good health. Due to his build most companies will offer him a Preferred health class. We found him a Preferred Plus health class with an A+ Superior rated company which saved was $50.87 month compared to the other quotes he received which were $64.88 month with AIG and $71.02 month with John Hancock and $86.73 month with New York Life. That is a substantial monthly savings and long term savings of over $8,600 compare to N.Y. Life for the same policy!

If you have any health concerns, were declined or table rated or have any underwriting questions let us do the work of finding you the best rate in the country. Please don’t hesitate to give us a call at: (888) 676-5429 or fill out the form below.