Companies that insure you look at many factors of how you take care of your body when determining a rate for your policy. Our understanding and experienced agents will work with you so you can receive the best possible rate. These companies do not want to pay more for you than you have paid them in an event of an unexpected death. In order to manage these risks, many companies will check to see if you have any risk factors that will cause you to pass away earlier than the average healthy person.
Some of the common risk factors they will scrutinize are:
- Tobacco Use
- Cholesterol Level
- Blood Pressure
- Weight/Height Ratio
- Diabetes
- Diseases
- Lifestyle
These risk factors can be a cause of poor health and a shorter life span. Most companies will look at your risk factors which includes your health status, your age, family medical history, and your gender to calculate your premium rate. When filling your health history application make sure to provide accurate information. To make sure you are providing accurate health information tio the company willing to insure you, the company will pay a designated doctor to give you a complete physical examination, blood work, and any other additional testing. You are also granting them permission to look at your medical records.
During your health examination you can be expect the doctor to check your weight, blood pressure, and will order urine and blood testing. The more coverage needed, the more testing will be done such as X-rays or EKGs. The urine and blood testing will show your cholesterol level and any nicotine or drug use. The test will also show if there are any indications of diabetes or diseases such as HIV. Testing can also show if there are any kidney or liver problems and medication use.
Your age and gender are the only uncontrollable factors in determining your rate. Women usually get a lower rate because studies show that women typically live longer than men do. Your age is also an uncontrollable variable in calculating your rate. Young healthy individuals will usually receive a lower rate because they most likely will live longer. Therefore, the best time to apply for the best policy is right now. Do not let age be the deciding factor on a higher premium!
Although age and gender are uncontrollable factors, you do have control over other risk factors to lower your rate. Now is the time to take control of your health and make necessary changes to reduce the amount of risk you are to insurance companies. Here are the following ways you can have control over reducing your premium payments:
- Quit Smoking
- Exercise Regularly
- Eat Healthy
- Monitor Cholesterol Levels
- Monitor Blood Pressure
- Reduce Stress
- Quit Drug Dependence
- Reduce Alcohol Assumption
By taking positive actions to improve your health, your reward can be a lower premium rate. As your health improves, you can submit proof to your insurance agent and they can work with you to reduce your rate. If you have a condition that is keeping you from believing you can receive a lower premium, then our agents from reputable insurance companies show you how you can and deserve the best possible rate!
