Overweight Individuals’ Life Insurance Rates Cape Coral Florida FL
Reader’s Question:
Is it fair for our life insurance provider here in Cape Coral, Florida to charge my husband high rates just because he is overweight?
Stef
Cape Coral, FL
This is a very tricky question. In a sense, it is fair and legal for your life insurance provider there in Cape Coral, Florida to charge higher life insurance premiums if an individual is either obese or overweight. But there is a reason behind this, the business of life insurance is based on risks. Not counting No-Exam life and Guaranteed Acceptance life insurance companies, providers would want to get a good idea of how much risk an individual represents towards their business. If you die soon due to factors such as poor health or a dangerous lifestyle then you are considered a “high-risk” customer and is charged higher premiums.
Being obese or overweight makes you a “high-risk” life insurance customer. Illnesses such as Type II Diabetes, heart diseases, strokes (one of the leading causes of death in The United States) and hypertension are just a few of the health risks overweight/ obese people face. Also, America is a country where obesity is fast becoming a very serious health-concern for everyone. It is estimated that there is about more than a hundred million adults who are overweight, and around 60% of these individuals are obese. This is a big threat to the life insurance industry, and in order to protect their businesses companies have little choice but to increase the premiums on overweight/ obese people. Hope this satisfactorily clarifies the matter for you.
Tags: life insurance, life insurance advise, life insurance obesity, obesity
Life Insurance With High Blood Pressure Florida FL
Reader’s Question:
I’m currently taking medications for my high blood pressure. Should I tell them the truth about my health condition? I’m concerned about high life insurance premiums that the life insurance would charge me if they find out.
Shannon
St. Petersburg, FL
If you would like to purchase a life insurance, you should not worry about receiving a high life insurance premium quote because you have a high blood pressure. Having a high blood pressure can be considered by the life insurance company as a risk factor.
Life insurance companies are greatly concerned with the health condition of the applicant. If the applicant shows less risk, the premiums may be lower. However, you should not be afraid in telling the truth specifically that you are under a medication to control your high blood pressure. Most of the insurance companies are more concerned on the level you are at and what you are doing to control it rather than the reason why you are in that point. In addition, most of the insurance companies are very receptive to customers who try to better their health condition. Often, this behavior may render life insurance to offer lower life insurance premium.
Tags: life insurance
Cheap Life Insurance For Seniors Cape Coral Florida FL
Reader’s Question:
Can you give us some tips on how to buy life insurance for my Mother, who is already a senior citizen here in Cape Coral, Florida? Thanks!
Marlene
Cape Coral, Florida
Before you set out and buy life insurance for your mother there in Cape Coral Florida, it would be best if you first have an idea exactly what kind of life insurance would fit her needs. Would she want to have her money grow while under the policy? Does she have any medical or any other form of special conditions or circumstances that might affect her ability to pay regular premiums? Does she want to make sure that her children will not be burdened by funeral expenses when her time comes? Knowing exactly what your mothers goals are for getting life insurance would make it much easier for you to shop for a life insurance policy.
Look into getting either of the following: Whole Life Insurance, Universal Life Insurance, or Variable Life Insurance. All of these policies allows a portion of your mothers life insurance premiums to go into a sort of savings account and is used by the life insurance provider for investments. The policy’s “Cash Value” earns interest and if maintained long enough (fifteen years or longer under good economical conditions) may even earn enough to pay for itself. The Internet is also a valuable resource in getting accurate and timely life insurance rates and information so feel free to shop around and compare to get the best rates available for your mother.
Tags: Senior Life Insurance, Cheap Life Insurance, Life Insurance Advise
Cancer Patient Life Insurance Coverage Cape Coral Florida FL
Reader’s Question:
For someone who recently got diagnosed and is already undergoing treatment for cancer here in Cape Coral, Florida, would it still be possible to get a life insurance policy?
Shanae
Cape Coral, FL
The chances of getting life insurance coverage would depend on the particular stage of development, and the type of cancer one has, as well as any form of treatment already being undergone. After being diagnosed with cancer one can still usually get approved for life insurance coverage whoever, the chances of getting approved for coverage would diminish dramatically as soon as one undergoes cancer treatment. Not all forms of cancer are also insurable. If the disease is still in its early stages and treatment is set at a minimum and with a high probability of getting cured, then there is also a very good chance that you will still be able to have life insurance provider there in Cape Coral, Florida.
It is also possible to get life insurance coverage after undergoing cancer treatment, however, do expect your life insurance premiums within the first few years to be expensive. Usually though, you can expect those life insurance premiums to go down gradually once the insurance company can see that there is no longer a threat of the disease coming back and have been cancer-free for a number of years. It would also be good to keep in mind your medical records, some life insurance companies are able to adjust your rate accordingly if you are able to present medical records showing the progress of your recovery. Lastly, it is still recommended that you shop round and get as much options as you can for coverage, you still want to make sure you’re getting the best rates available for your condition.
Tags: Cheap online life insurance, Cancer life insurance, life insurance advise