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Life insurance for those with high cholesterol.

If you’ve been told to have high cholesterol, you may believe that it only has an effect on your health. However, insurance companies take your health concerns into account when determining life insurance policies. You may be charged more for the coverage or you may be denied a policy. To assist you in understanding the ins and outs of getting a high-cholesterol life insurance policy from Bankrate, our editorial team is here to address your concerns.

Life insurance and high blood pressure

Life insurance and high blood pressure

Before you can receive a life insurance policy, your insurance provider may ask you to have a medical exam that includes a blood draw. The exam, health questions and blood tests facilitate the company’s identification of potential health issues and learn about your medical history. The company considers several factors regarding health when analyzing your blood work, your cholesterol level is one of these.

You may already be aware of the fact that cholesterol is primarily a fatty substance that is excreted through the intestines. Your body requires cholesterol to produce hormones, create vitamin D and grow cells. Additionally, cholesterol is typically partitioned into two types: high-density lipoprotein (HDL) cholesterol, also called “good cholesterol”, and low-density lipoprotein (LDL) cholesterol, which is often considered “bad cholesterol”. While your body needs both types, a discrepancy can lead to health issues.

Typically, healthy levels of cholesterol are:

  • Total cholesterol: Those who are below 200 mg/dL have levels of total cholesterol that are considered normal.
  • LDL cholesterol: Levels below 130 mg/dL
  • HDL cholesterol: Those who have levels of 40-50 mg/DL in men and 50-80 mg/DL in women are considered to have high levels of this component of choline.
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To be classified as having borderline or high cholesterol, your concentrations might be:

  • Total cholesterol: More than 200 miligrams per deciliter.
  • LDL cholesterol: Those who have levels of 130 to 200 mg/dL are considered to have high levels of LDL.
  • HDL cholesterol: Those with levels of 40-50 mg/DL in men and 50-80 mg/DL in women are considered to have high levels of this component of choline.

High cholesterol is a health threat because it can reduce your blood flow, which can lead to a heart attack or stroke.

How will high cholesterol affect my premiums?

Even the most popular life insurance companies consider the potential danger of insurance you when calculating your premium. If you are considered to have a high risk, your life insurance premium will most likely be greater than the lower-risk individuals. While a medical exam is one component of the underwriting process, life insurance companies will also consider other aspects, including your age, medical history and even your interests.

Because high cholesterol can lead to heart attacks and strokes, these are both leading causes of death in the U.S., insurance companies consider this a risk factor. If your cholesterol is particularly high, unmedically controlled or if you have other health issues, you may be denied insurance.

Is it possible to decrease the insurance cost of my life after I have my policy?

Yes, it is possible to decrease the insurance cost of your life after you have your policy. If you’ve made healthy alterations, and are capable of decreasing your cholesterol, you can expect a reconsideration of your life insurance. If the test’s results are positive, you may see a decrease in your premium. You can also request a new life insurance policy, have a new medical exam and then take over your current policy with a lower premium.

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How to study for a life insurance medical exam.

How to study for a life insurance medical exam.

Your insurance company may instruct you on how to prepare for your life insurance medical exam, but there are many practical steps that you can take before the exam. While they won’t reduce your cholesterol immediately, these suggestions can assist with the exam’s success:

  • Consume nutritious foods: Attempt to increase your consumption of nutritious foods in the days or weeks preceding your exam. Despite the fact that eating healthy will not make significant changes over the long haul, starting a habit of making healthful choices may actually improve your long term health.
  • Be hidratated: Since you are taking blood samples, you may need to drink more water than usual and avoid drinking alcohol during the days preceding your exam. Maintaining hydration could facilitate the drawing of blood and the collection of a urine sample.
  • Exercise: Again, going to the gym or running will have a small effect on your test results. However, following healthy habits in the weeks or months preceding the exam may ultimately lead to a higher rate on your health insurance policy.
  • Avoid eating for several hours before the exam: Your insurance provider may have specific rules about how long you should fast before the exam, if you eat right before your blood is tested, the results will be inaccurate. You may want to plan the exam for the morning if you believe it will be challenging to fast.

At the exam, your technician will likely draw blood, request a sample of urine, and assess your height, weight, oxygen level, pressure and pulse. You may also be inquired about your health or family history of illness or injury.

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Will the application of my life insurance be denied because of high cholesterol?

Potentially. Every insurance company that specializes in life has its own method of rating, and if your cholesterol is high without being controlled by medication or if you have other health issues associated with your high cholesterol, your insurance might be denied.

If you have high cholesterol and want life insurance quickly, you may have to pay a higher premium than if your cholesterol levels are lower. If you have extra time to lower your cholesterol before purchasing a policy, you may see a lower cost.

If your application is denied and you have no time to lower your cholesterol before purchasing a policy, you may want to consider guaranteed issue life insurance, which is a form of whole life insurance. Life insurance with a guaranteed issue doesn’t require a medical exam or health assessment, as the name indicates, it’s guaranteed regardless of your health condition. However, these types of policies have a limited coverage range, high premiums and a minimum age requirement.

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