You may know that life insurance is very important, even if your health is not so great – actually, especially if your health is not so great! After all, you may be aware that if you were to pass away without life insurance, there may not be enough money to bury you, or pay for the rest of your final expenses. In addition, without life insurance, your family could potentially be left financially bereft without that coverage, which could mean that your spouse may have to sell the house or go into debt in order to survive without your income.
High risk life insurance is something that may potentially cost you more money in life insurance costs
So you may want to get life insurance, realizing the importance of it, but you may not think you would be able to even get a life insurance policy, and you are afraid that you will not be able to get a good life insurance quote online. After all, you may be in what is known as a high risk life insurance category. Sites like Best Deal Life Insurance define high risk life insurance as something that is explained with the name – it is life insurance for high risk individuals. To put it bluntly, we are talking about people who have a high risk of dying young. That is why you may discover that when you look for a life insurance quote online, you may not be able to find the same type of life insurance rates than you would if you were young and in the peak of your health.
Here are some of the things that can put you in the category of high risk life insurance:
- Diseases like cancer: If you are a cancer survivor, you may potentially be considered a high risk when it comes to life insurance, especially if you are a recent survivor. That is because it is possible that the cancer could recur. Other diseases could potentially mean higher life insurance rates, especially if they are diseases that could significantly shorten your life span.
- Conditions like diabetes and high blood pressure: Such health problems, if left untreated, could lead to an early death. If you have such an issue, it is important to make sure it is under control.
- Heart disease: If you have had a heart attack or other cardiac issues, you could also pay the price for high risk life insurance.
In addition, things like being overweight or obese, smoking cigarettes or cigars, drinking excessively, or doing drugs could potentially put you in the high risk life insurance category when you look for a life insurance quote online. Also, dangerous habits like skydiving or flying a private plane could mean higher life insurance rates. So can a dangerous job, like being a coal miner.
Even things like having a criminal record or driving drunk could potentially put you in a high risk life insurance category.
So what can you do if you have been classified as high risk?
If you can improve your health, and show that any disorders or conditions you have are well under control, you could potentially get more attractive life insurance rates. In addition, avoid doing dangerous things, and keep your nose clean. Losing weight and quitting smoking for good can also help.
And finally, shop around when you look for a life insurance quote online. Not all life insurance companies are the same, and if you comparison shop, you may potentially be able to save money on your life insurance. Good luck.
Lisa Swan writes on a variety of health and life insurance topics.