Cholesterol issues are a very common in life insurance underwriting and we’ve helped 100’s of people obtain affordable life insurance rates with elevated or high cholesterol.
Even if you have elevated cholesterol, you can still get approved at some of the best rates on the market.
In this article we’ll show you how life insurance companies view cholesterol and how you can prepare for a favorable rating.
First off, if you’ve had high cholesterol in the past, don’t worry. Your past levels will have little effect on your life insurance if you’ve successfully lowered your levels. The life insurance company will base most of their decision on the medical exam you take for your life insurance application AND your most recent results from your physician.
Cholesterol and Its Impact on Life Insurance
Life insurance companies want to make sure you’re being active in keeping your cholesterol under control. So yearly doctor’s visits showing active control of your cholesterol is a good thing and will help you obtain a better health class.
Specifically, here’s what the life insurance companies need to know to properly evaluate your cholesterol:
Date of Diagnosis
Total Cholesterol, LDL, HDL, Triglyceride levels
Total Cholesterol Ratio and HDL Ration
Family History of heart disease or stroke?
Other Health Issues (looking for life insurance for diabetics?)
The key in finding the best rate with elevated cholesterol is finding the company that will look at your cholesterol most favorably. Each life insurance company has different cholesterol underwriting guidelines. For example, some companies give underwriting credits for high levels of HDL (the good cholesterol) when compared to LDL (the bad cholesterol). Also, some companies have higher total cholesterol levels to get their Standard or Preferred rates compared
Below is a GENERAL guide on what to expect.
Preferred rates are often available up to total cholesterol levels of 250 and a few carriers go up to 300. Even if you’re taking medications and your cholesterol is under control, you can still qualify for preferred rates.
Standard rates are available with some companies with a total cholesterol of up to 300 – again, some carriers are higher. Typically you’re substandard if you’re over 300.
Also taken into consideration are your ratio’s – preferred rates are not available for LDL/HDL ratios lower than 5.0. If your total cholesterol is over 300, but your ratio’s are low – some carriers will still offer standard rates even though you fall outside of their total cholesterol guidelines.
As you can see, there is a lot that goes into finding the right life insurance company if you have elevated cholesterol. There’s no way for a consumer to know all of this, so make sure you work with an experienced life insurance agent can sort this out for you.
Medical Exam Tips
Your medical exam could make or break a decision. We’ve had people with no cholesterol issues get declined for life insurance because of their cholesterol levels on the exam. Take the medical exam seriously by using these tips:
- Fast for 8 hours prior to your medical exam. Try to schedule the exam in the morning so you can get that “natural fast” while sleeping.
- Don’t eat any fatty foods 24 hours prior to your exam and drink lots of water prior to the exam.
- If you’re on medications, make sure you’re compliant with your doctor’s recommended frequency.
They key in all of this is choosing the right life insurance agent who has experience with helping consumers with cholesterol issues. An experienced and independent life insurance agent will know what company to use to obtain the lowest rates even if you fall into a high risk life insurance category.
If you have cholesterol issues and are in the market for life insurance, give us a call or fill out the form on the right. We’ll search over 60 top rated life insurance companies to find you the best rate.