Most insurance carriers require a medical exam before they rate your health class.
The carrier will set an appointment for you to complete a medical exam. If you’ve purchased an insurance policy before, you could be nervous or even scared of what’s going to happen at the exam. Don’t worry, they aren’t as bad as they sound.
To help ease some of the confusion and nervousness that a lot of applicants feel when applying for a life insurance policy. Not knowing what to expect makes the whole process much worse.
Medical exams are administered by a licensed medical professional, known as a paramedical (paramed for short). Parameds will contact you to set up a convenient time to come to your home or office.
The exam typically takes 30 minutes and the paramed will bring their own supplies. In addition, the medical exam is paid for by the insurance carrier and does not commit you to purchasing life insurance through that specific carrier.
The paramed will collect a blood sample, urine specimen, a blood pressure reading, and in some instances, an electrocardiogram (EKG) and send the blood off for a blood test.
They will also measure your height and weight and ask you a series of health questions. It’s best to have available the name and contact information of your primary care physician and any other healthcare providers with whom you consult, in addition to a list of any prescription drugs you take.
The following are some helpful tips in order to achieve the best possible outcome for your life insurance medical exam:
Three Days Prior to the Exam
- Avoid alcohol. Alcohol can elevate your liver enzyme levels; therefore adversely impacting the liver function test that the insurance carrier runs from the blood sample collected.
- Minimize the use of salt, excess fatty and high-cholesterol foods.
24 Hours Prior to the Exam
- Get plenty of rest and relaxation.
- Avoid strenuous activities and/or exercise which can cause elevated protein in the urine.
- Avoid nasal decongestants, aspirin, acetaminophen and ibuprofen.
- Limit intake of caffeine.
8 Hours Prior to the Exam
- Fast. You can drink water, but that’s about it.
Consider scheduling your exam in the morning, preferably upon waking. Not only does this make the 8 hour fasting easier, but your body is most relaxed in the morning – giving you more favorable readings.
True story: My Dad had a cup of coffee, smoked a cigar, and received a negative phone call all before he took his medical exam. Needless to say, he received an unfavorable outcome from the insurance company.
Paramed exams are quick and easy and shouldn’t deter you from applying for life insurance. If a medical exam is an issue, we can recommend life insurance with no medical exam.
Getting the Best Results from the Medical Exam
If you haven’t scheduled your exam yet, you can take a couple of months and make some changes that you save you hundreds or even thousands of dollars on your insurance policy.
We mentioned all of the things that the insurance company is going to look at when doing the medical exam, if you want cheap life insurance, it’s time that you focused on your health.
It’s time to start a healthy diet and go to the gym that you’ve had a membership at for over a year. Both of these can had extremely positive effects on your overall health. Because the carrier is going to check your weight, cholesterol, and blood pressure, and getting all of those in health ranges means more money in your pocket.
Hitting the gym on a regular basis and skipping the extra dessert will help you shed those pounds and that will lower your risk of having several severe health complications later in life. Additionally, regular exercise has been shown to drastically reduce stress, which can help lower blood pressure. But don’t let health conditions such as someone needing diabetic life insurance get in your way. There are companies who offer coverage even with health conditions.
Going to the gym isn’t the only way that you can ensure that you’re getting lower rates. If you want to keep more money in your pocket, it’s time to kick those bad habits like smoking and using tobacco. Being listed as a smoker on your life insurance application is going to cause your monthly premiums to go through the roof. In fact, smokers with smokers life insurance will pay at least double or even triple what a nonsmoker is going to pay for insurance coverage.
Don’t waste your time researching different companies or calling various agents, let us do the work for you. We are independent agents that represent dozens of highly rated companies. We can help you find the company that is going to view your application favorably.
There are only a few ways that you can prepare for your medical exam. As you can see, it’s a quick, simple, and painless process, but it’s an important step in getting life insurance coverage.
If you’re reading this because you have already applied for life insurance elsewhere, please don’t hesitate to call us for competitive quotes.
Since we offer access to over 60 insurance carriers, we are able to shop your application around for you with only one medical exam.