How is my “Health Class” and resulting rate determined?
Each company uses their own criteria to determine which health class you belong to and your resulting life insurance rates. It is entirely possible for one person’s health class to rate as “Standard” with one company and “Preferred” with another. Some factors such as Smoking can also have a direct impact on determining your health class. In order to receive “Preferred” rates, you must be in excellent overall health and lead a healthy lifestyle. Each company determines limits on weight to height, cholesterol, blood pressure, and any significant personal health issues. Family health history is also a factor used in qualifying for low preferred rates. You cannot use tobacco of any type. You must not have a history of alcohol abuse or drug use. You may not be involved in hazardous activities. We recognize that there are many factors in determining your health class. To simplify this process IntelliQuote’s online Life Insurance Quotes includes a Health Class Estimator. This unique feature i
Each company uses their own criteria to determine which health class you will qualify for and your resulting life insurance rates. In fact, it is entirely possible for the same person’s health class to rate as “Standard” with one company and “Preferred” with another! Some factors such as smoking can have a direct impact on determining your health class. Here are some health class rating guidelines for non smokers. “Preferred” rates require excellent overall health and a healthy lifestyle. Each company’s guidelines determine limits on weight to height, cholesterol, blood pressure, and family and personal health history. You must not have a history of alcohol abuse or drug use. You may not be involved in hazardous activities. Please note that all insurance carriers require a simple medical examination prior to determining your actual health class and resulting rate. This determination may differ from the initial health class or rates you were quoted during the application process.
Each company uses their own criteria to determine your health class and your resulting rates. In fact it is entirely possible for the same person to be rated as “Standard” with one company and “Preferred” with another! Some factors such as smoking will have an impact on your rating class. For you to get a “Preferred” rate requires excellent overall health and a healthy lifestyle. Each company’s guidelines determine limits on weight to height, cholesterol, blood pressure, and family/personal health history. Please note that all insurance companies require a medical examination at their expense prior to determining your health class and final rates. This health class could be different from rate quoted prior to the medical exam. This is why it is important to have a professional insurance broker search the marketplace and secure the best policy for you. • I have a health problem. Can I get coverage? There are many companies available in securing coverage for you. Even if you have been de
