There are elements of your lifestyle that could affect the cost of your life insurance, or your ability to secure cover.
A smoker will pay higher premiums due to the health implications of smoking that could have a negative impact on your lifespan.
Insurers also class vapers and e-cigarette users as smokers, as a cotinine test won’t distinguish the difference.
If you quit smoking today, after 12 months of being smoke-free, you could save significantly on your premiums.
Alcohol misuse can be seriously harmful to your health in the short and long term.
You may be deemed high risk if you have more than 15 alcoholic drinks a week.
If you exceed 40 units a week, then you may be required to undergo a medical exam.
Limiting your alcohol consumption will reflect positively on your life insurance application.
It goes without saying that being overweight brings a range of health problems such as high blood pressure, type 2 diabetes and heart disease.
Generally, insurers will assess the level of risk (and the cost of your premiums) by looking at your weight in correlation to your age.
For example, a 40-year-old with a BMI of 41 will pay a higher premium than a 60-year-old with the same BMI.
In any case, having a BMI of 30 or over may place you in the high risk category.
At Reassured, we work with specialist insurer The Exeter who’re able to find affordable cover for high risk individuals.
Cover with The Exeter can’t be arranged directly, so contact Reassured today to determine if they’re the right insurer for you.