I’ve Got Health Problems…Big Deal!  Well, it is if you think you need life insurance!


Sometimes, health issues creep up on us no matter what we do to prevent them. Life plays cruel jokes on the people who eat right, exercise, and live a clean life — none of which can override fate and our genetic code. Sometimes the healthiest people end up with the most problems while the 85-year-old next door sits on her porch smoking, drinking, and laughing, all while using oxygen and wearing diapers for incontinence!

If you’re one of those people who avoids excess, eats right, and lives healthy, only to develop health problems, finding life insurance can be a struggle. Working with a seasoned agent/broker will make it easier to find a policy to suit your financial goals and give you and your family peace of mind.

Are You Serious? my term insurance application was declined for a Hangnail!

A blister on your big toe is not the kind of injury or health issue a life insurance company is concerned about rating. Instead, most companies have a long list of pre-existing and chronic conditions that raise red flags…and insurance rates. Many everyday health issues do not affect how you live your life, but they may affect how much you pay for insurance.

Insurance underwriters will sift through your health history so they can screen for the major risks like heart and kidney disease, certain kinds of cancer, and high-blood pressure. However, people live with a variety of other more common health problems, injuries, and illnesses that may result in higher premiums:

  • Obesity
  • Lung disease
  • Diabetes
  • Hepatitis C
  • Broken bones
  • Surgeries

It’s important for term insurance buyers to know their medical history when shopping for life insurance. Providing a comprehensive health picture may be the difference between an affordable rate and a denial when you have health problems.

If you’re able to provide mitigating facts — like regular treatments, working out, dieting, or even the intent of healthy New Year’s resolutions — that will help control your medical issue, AND it can make a difference in the outcome of your application.

Be prepared to clarify any injuries or past health problems. For instance, if you’ve had a surgery to correct an issue or on-going problem, be sure to provide how long ago, results, and improvements. Involve your doctor if necessary to ensure that the insurer has a complete understanding of your unique health situation.

Healthy Ups and Downs

Life tosses us a curveball when we least expect it. Your health is no different and it can change from one day to the next — for better and, unfortunately, worse. When faced with a new health problem, or saying goodbye to an old one, our health  changes the way your life insurance company sees you.

People with health problems may not always get better, but their conditions can improve. When they receive treatment and have a plan to overcome their ailments, it makes a difference in their quality of life and ability to avoid complications.

If you’ve applied for a life insurance policy and have a questionable health history, demonstrate to the company that your problem has stabilized and that you’re healthy. Show them what steps you’re taking to control the problem and that you have a wellness plan.  Your life insurance broker will also write a strong COVER LETTER to paint as clear a picture to the underwriter as possible.  That’s her job and if she’s not willing or able to provide this important service, FIND A NEW BROKER!

Your health is your greatest asset. Protect it and your family’s financial future and comfort by being a knowledgeable consumer. Buying life insurance when you are young and healthy is the best option, but who does that anymore?  When that’s no longer possible, know that an experienced agent can find alternatives that meet your individual circumstances.

i've got health problems for life insurance big deal!