How to find affordable life insurance with high lipid levels?
Looking for life insurance with high lipid levels can be sometimes be a challenge. Cholesterol and triglycerides are fatty substances(lipids) found normally in the blood. But, a high level of lipids (hyperlipdemia) in the bloodstream can be a major risk factor for cardiovascular disease.
Life insurance underwriters are concerned with high lipid levels, but this doesn’t necessarily mean you cannot find affordable coverage. You just have to know where to look for the best rates.
You see all life insurance companies evaluate health and lifestyle differently. The secret is to find the company that will underwrite your situation the most favorably.
As an example, one life insurance company may evaluate your application and conclude that you are a standard risk. Another company may evaluate you as a “rated” risk or in other ways below a standard risk. When rated below a standard risk, this translates into more premium charged.
Fortunately, you have landed on the right page. We are experts in the “special risk” marketplace. We know which insurance companies will evaluate your health and lifestyle the best.
Thru years of experience in dealing with life insurance company underwriter’s we negotiate on your behalf to find the lowest rates.
What are the optimal lipid levels?
To determine the risk of arteriosclerosis from hyperlipdemia, life insurance companies measure the total blood cholesterol, triglycerides, low density lipoprotein (LDL) and high density lipoprotein (HDL).
You may be familiar with LDL and HDL if you have ever examined your lab results from a general physical. LDL seems to promote the deposit of cholesterol on artery walls, increasing the risk of heart disease. HDL, on the other hand, is thought to carry cholesterol away from the tissues, protecting against heart disease.
Most life insurance companies that specialize in offering the lowest rates use this optimal levels indicated below for good lipid control:
- TOTAL CHOLESTEROL- LESS THAN 200 MG/DL
- LDL- LESS THAN 100 MG/DL
- HDL- OVER 40
- TRIGLYCERIDES- LESS THAN 150 MG/DL (FASTING)
- TOTAL CHOLESTEROL TO HDL RATIO- LESS THAN 3.5
When any of the above factors are applied each individual underwriting company will determine how much if any additional premium is required for levels above or below the optimal.
It is important to note that any one lipid reading that is slightly above or below the normal reading will not automatically disqualify an individual for a particular rate. Other factors can come into play as well. These can include height/weight, exercise history, tobacco history, family history, etc.
How to know which insurance company will offer the best rate?
This is where your agent can save you a lot of time and money. In working with a special risk agent you will have the confidence to know that your agent will find the absolute lowest rate available.
Many young or inexperienced agents may have no idea what companies will offer the most competitive rate on life insurance with high lipid levels.
These inexperienced agents, many times will have a prospect apply to several different companies simply because they have no real idea who to submit an application to. This can cause the customer to have to fill out endless paperwork and do insurance exams and lab work with multiple carriers.
And in the end, the insurance company may still not offer an affordable solution.
An experienced agent can typically find out very quickly what your rate will be and what company will offer the best rate. This process is done thru a series of questions that underwriter would need answered in order to provide an offer.
The agent would make informal inquires to several insurance companies negotiating the best offer on the client’s behalf. Once all the offers are received, the agent would then present this to the client. If the offer is affordable to the client, then an only then would a formal application be submitted. Any other medical information needed would also be obtained at that time.
This process will save you time and money and you can be assured you have found the lowest rates in the industry.
Questions for life insurance with high lipid levels
Below you will find the typical questions needed to evaluate your cost for life insurance. If your agent is not asking these questions, it typically means he doesn’t know to ask them or he only has one carrier to offer coverage through.
- Date of Birth?
- Male or Female?
- Total Cholesterol?
- HDL(good cholesterol)?
- Triglyceride level?
- Any history of chest pain?
- Any history of TIA or stroke?
- Any history of peripheral vascular disease or claudication?
- Any history of diabetes?
- Current medications?
- Used any tobacco in last 5 years?
- Any history of high blood pressure?
- Current height/weight?
- Had a stress test or echocardiogram within past year? If so, were results normal?
- Any other major health problems? I.E. cancer history, kidney disease, etc.
With the answers to these questions along with the amount of coverage desired as well as the plan of protection your special risk agent can shop the marketplace and negotiate on your behalf the best rates available.
Conclusion-
If you are in the marketplace for life insurance and you have a history of high lipid levels, I urge you to contact us to discuss your situation. We are experts in the special risk term life insurance arena. You will speak directly to the owner of the company with over 30 years experience in the life insurance marketplace. Thank you for reading this blog.
You can reach us at 1-888-393-9003 or mike@specialriskterm.com
