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Does life insurance for overweight women cost more?

Life insurance for overweight women is attainable and affordable.

Life insurance for overweight women is attainable and affordable.

Life Insurance for overweight women can cost more.  Any person that is overweight or obese is considered a higher risk because weight is directly tied to many serious health conditions.

What You May Not Realize About Life Insurance For Overweight Women

However, the majority of life insurance carriers are more lenient than you might think when it comes to weight.  We are all used to those height and weight charts our doctors have, but insurance companies do not use those same guidelines.  So you may think your overweight, but actually still get a preferred rating possibly (You would also need to be a non-smoker with no serious medical issues).

Life insurance for overweight women is attainable at a competitive rate with a top rated carrier if you consult an independent life insurance agent at ITQ (InsureTheQueen.com).  Read more about how we consistently get high risk cases approved.

Should I lose weight before I apply for life insurance?

I have a NO and YES response to this question.

NO, if you have 10 or more pounds to lose.  I always advise my clients to go ahead and lose the weight, but don’t delay on submitting the life insurance application. We all have good intentions to lose those unwanted pounds, but the reality is that sometimes things get put off. In turn, your life insurance gets put off as well.  If you lose 10 or more pounds, a life insurance carrier will want to see that weight loss maintained for at least one year.   Once that year of maintenance is hit, then the original approval rate can be reconsidered.  This is basically a mini underwriting process where we can ask for a change in rating with the carrier.

YES, if you have less than 10 pounds to lose.  After you have submitted your life insurance application, you can delay taking your exam for about 2-3 weeks.  During that time you could lower your calorie intake, eat a low fat diet, and do some light cardio.  Please get advice from a doctor before implementing this plan.  This will possibly take a few pounds off before the exam and even lower some numbers like your cholesterol and blood pressure.  I only recommend this if you are within a few pounds of getting a better premium rating.

Please note:  The insurance carrier will ask you on the application if you have lost 10 or more pounds in the last 12 months?  Remember, they want to see at least 12 months of maintenance since the weight was lost.  So this weight would likely be added back on.  My best advice is to get the life insurance in place and go back after a year of maintenance to have it reconsidered for a better rating.

Do Life Insurance Carriers Have Different Height/Weight Charts For Women Over Age 60?

 

2013-10-22_1519 (640x324)Yes, there are certain life insurance carriers that have special build charts for women over 60 and over 65.  Genworth is one insurance carrier that is lenient on their build charts.  This is a snap shot of Genworth’s build chart for individuals over age 65.

For instance, if you are a 64 year old female that is 5’4″ tall you can weigh up to 204 and still get a Select/Standard rate with Genworth.  But if your age 65 and  5’4″….you can weight up to 215 and get a Select/Standard rate with Genworth.  That is 11 extra pounds you can get away with at 65 or older!

For more information about life insurance for overweight women and to obtain a no obligation, no hassle quote…please feel free to give us a call at  (619) 933-0736.  We are happy to assist.

*Written by Ellen Edwards. InsureTheQueen.com and its representatives do not give medical, legal, or tax advice. Please consult your own physician, legal or tax adviser.

 

 

 

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Ellen Edwards

Independent Life Insurance Agent at EM Insurance Services
Ellen Edwards is the owner of EM Insurance Services, an online life insurance agency. She is also the creator and lead blog writer of InsureTheQueen.com. You can find her on Google +, Twitter, and LinkedIn. Over the past 7 years, Ellen has successfully consulted individuals across the United States regarding their insurance needs. She is a proud single mom to two daughters and a son.
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