If you are dealing with high blood pressure the last thing you want is for your approval for coverage to stress you out. The key to applying for life insurance with high blood pressure (HBP) is to choose the right company that is the most lenient in underwriting clients with HBP. At TermLife2Go, we focus on the best life insurance carriers and best no exam carriers. We can direct you to the right one for you, based on your health and lifestyle. Give us a call today to find out what we can do for you!
Qualifying for Life Insurance with High Blood Pressure.
Have you checked your blood pressure recently? It may or may not surprise you to know that one of the top reasons a life insurance company offers a person a lower rate class and a higher premium is due to elevated blood pressure. Our goal is to find our clients the best life insurance rates with a history of elevated blood pressure.
In the following article we will address what a life insurance company is looking for, the importance of choosing a high blood pressure friendly life insurance company, and the advantage of a no medical exam policy for clients with a family history of high blood pressure.
Life Insurance with High Blood Pressure.
If you have been diagnosed with high blood pressure or hypertension then you need to read this. There are three important questions you need to ask are if you’re applying for life insurance with high blood pressure:
- Can I get life insurance if I have a history of high blood pressure?
- What rate class will I qualify at for life insurance with high blood pressure?
- What is the process of getting life insurance with high blood pressure?
Let’s begin with a brief overview.
Blood pressure is the force pushing outward on the arterial walls. The pressure is created by the heart pumping blood through blood vessels and capillaries. There are two readings associated with blood pressure: systolic and diastolic.
The top number is the systolic number which measures the pressure in the arteries when the heart beats. The bottom number is the diastolic number which measures the pressure in the arteries when the heart is resting between beats.
High blood pressure or hypertension is when blood pressure in the arteries increases forcing the heart to work harder and putting additional pressure on the arteries. This can result in damage to the heart, the arteries, and other organs.
Some health consequences of untreated high blood pressure are: heart attack, stroke, and kidney damage.
The quick answer is, YES.
Ultimately, approval for life insurance with high blood pressure or hypertension will depend on:
- when you were diagnosed,
- the medications you take,
- your blood pressure readings, and
- if your condition is controlled.
This is a tough question because life insurance companies have about 16 different rate classes. What rate class you qualify for will also determine what your cost will be.
One of the most common medications taken by clients is a blood pressure medication. The good news is there are carriers who will offer a preferred plus rate class even if you take a blood pressure medication. You may need to show a history of control but don’t let an agent convince you that the best rate available is preferred. Example: We were able to get a client who takes a blood pressure medication a preferred plus rate class with a certain carrier. Their blood pressure reading averaged 126/84.
Now, if you take a medication and your numbers are still a bit elevated, say 135/86, then you will most likely qualify for a preferred rate class.
If you take your exam and your blood pressure is high then you could come back below a preferred rate class. In fact, some carriers will decline you if your blood pressure is too high.
Finally, for those suffering from high blood pressure looking for life insurance with diabetes, you can qualify for a standard rate class (or better) with certain life insurance companies.
If you are curious what your price tag would be, simply enter your information and see what the price is for your age and gender based on the above rate class you believe you qualify for.
No Medical Exam Should Be Considered
If you have a family history of high blood pressure you might want to consider not taking an exam. See no exam life insurance versus taking an exam. If you are reading this article to think about what “might” happen if you have high blood pressure, the reality is you could be declined if your blood pressure is not under control.
We often will recommend that clients who have not taken a medical exam in a few years refrain from taking an exam for life insurance. Instead, we advise that he or she chooses no medical exam coverage. Once the policy is in force, then he or she can take an exam. At that point they can decide whether to keep the no exam coverage or choose the fully underwritten policy. But the main point is, they avoided the risk of being declined or postponed due to high blood pressure.
No Medical Exam: If you have never been diagnosed with high blood pressure but it is a concern, consider a no medical exam policy. Many times the cost between the two policies will be small and a non medical exam policy does not require a blood draw. High cholesterol and blood pressure are the most common reasons a policy comes back with a higher premium. If you are concerned about your blood work then paying a few additional dollars might very well save you money once your lab results come back. And a non medical exam policy approval is fast with some approvals in 15 minutes.
Fully Underwritten: Fully underwritten life insurance requires a medical exam (we recommend you take your exam as soon as possible in the morning to get the best blood pressure readings). The examiner typically comes to your home and checks your height and weight and takes a small blood and urine sample. Your lab results are then processed. The carrier will request physician statements and look into your medical records. The carrier will also do a prescription database check to see what medications you are currently taking and have taken in the past. An underwriter will then assess your “risk” level and give you a rate class assigned to your specific risk. Your assigned agent at TermLife2Go will then follow up with you and let you know of your approval.
The entire process is handled by us so you can just sit back and wait for the life insurance carrier to complete your file. Speaking of life insurance carriers, not all life insurance carriers are the same!
Not all life insurance carriers underwrite blood pressure the same
The life insurance industry is just like every other industry out there. Competition is constantly driving insurance carriers to compete for your business. As a result, carriers take on “niches” in an effort to earn market share. It is important to know these niches and it is important the agency you chose has the freedom to choose from multiple life insurance carriers. As a consumer, it is in your best interest to work with an agency that is not bound to any one carrier and will be able to shop your application to dozens of different companies available. Only by doing this can you insure that you are getting the best policy tailored to your specific needs.