What are the different risk categories for life insurance?
The ideal risk category is a “preferred” risk or below-average risk of early death. This is followed by a “standard” or average risk of death. If you fall under the “substandard” category, you can still purchase insurance even though you´re considered an above-average risk of death. If you fall under the “uninsurable” or high risk category you can not obtain life insurance because of the high probability of early death.
