One of the many reasons why people do not have life insurance is their belief that they will not be good candidates, so the price will be very high. This is not always the case.
Many people are able to find affordable coverage despite having some common disease, as insurers will determine the range based on the severity of the condition or its current treatment . With the help of a doctor, a condition can be controlled to have minimal impact on the cost ranges.
Below, we share some examples of common diseases and how insurance companies might respond.
High blood pressure, or hypertension, can cause very serious health problems if not controlled . A life insurance company can determine the risk that a person represents depending on the severity of the condition or if it is controlled with medication.
Typically, a person with 150/90 or less pressure, with medication, can qualify for normal rates. However, it is sometimes preferable for the person to present pressure of 140/90, even without medical control.
2. High cholesterol
It is said that a person has high cholesterol when they present more than 200mg /dL. Life insurance companies can classify you almost as a regular person when cholesterol does not exceed 300 – 350 mg / dL. However, having 250 mg / dL can qualify you for an affordable rate.
Anxiety is one of the most common mental illnesses, but it is considered a risk by insurance companies because it can cause depression, insomnia and substance abuse. Those who apply for life insurance with controlled anxiety that requires a medication prescribed by a general practitioner usually need life insurance with more benefits.
So far in 2016, every hour was attended on average to 61.6 people with obesity in our country, both in private clinics and in public.
Obesity affects 70% of the adult population, which is one of the diseases that insurers have to deal with the most. Most insurance companies use the body mass index to determine the appropriate range for the patient.
5. Acid reflux
Gastroesophageal reflux is one of the most common diseases in our country. Since it can cause ulcers and, potentially, cancer, insurers see it as a risk. The good news is that most people with this disease have medications that control it and, therefore, can reduce the level of risk for the application.
Do not let the fear of high prices stop your application to life insurance. Millions of people suffer from these diseases, but even so it is possible to obtain the protection you need. If you have any doubt, ask a specialist to recommend the best alternative.