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| Life Insurance Exam Information Demystified |
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| Written by maria mbura |
| Wednesday, 11 March 2009 09:07 |
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Are you over 50, and thinking that one of those TV-advertised no life insurance exam policies is a safer option for you? Dont be too quick to bet on that. Nor should you think that just because youve got a few health issues, it will automatically disqualify you from coverage, if you risk a health exam. Also not true. It really depends on the problem, and its likelihood of leading to a terminal disease or sudden death. Life Insurance medical professionals routinely allow for certain medications that dont have a major impact on coverage acceptance or rejection. What you should be most concerned about " because Life Insurance companies certainly are, when checking medical results and questionnaires " is whether or not you smoke! Its a fact that a healthy 52-year-old non smoker with only minor medical problems will get a better rate than a 25-year-old who smokes. It only takes one look at some common life insurance exam rating categories to confirm this. You get whole lists of ratings all ending with No Nicotine or Nicotine. Its true " you really could sign up with one of those TV companies and skip that exam " but youre also possibly needlessly throwing away a chance to get a much better rate than if you took it (if youre applying for a low value policy, your chances are better too). Can It Hurt My Chances Of Getting Coverage, If I Risk A Medical And Fail It? If you dont know for sure youre going to fail, you actually might better off taking the exam. But if you smoke three packs a day and drink beer every night, you might want to seriously consider either purchasing the more expensive no exam policy " or quitting your harmful habits! You can talk to your doctor about the exam, and he may even fill out an attending physicians official statement as part of the application, but he wont be able to do the physical " youll have to use clinic approved by your potential insurance company (or one of their own well-trained paramedics " who will do all tests in your residence. Your family doctor or specialist signing insurance applications will not circumvent the need for a life insurance physical. One thing especially to consider: If you do have a health care problem you know may be risky, it might be wiser in this case to go for the TV policy rather than playing a game of Russian Roulette with the testing. Test results are kept for 7 years, even if you chicken out and abort the application process. 7 Tips To Guard Against False Exam Readings * If you have cholesterol issues at all cut consumption before your test Dont overload your food with salt Make sure you are hydrated Get lots of sleep, the night before Ask your medical professionals ahead of time how to and if you should take any regular medicines you are currently on (they deal with this all the time, and can advise you.) No smoking, drinking, or sedatives for at least 24 hours prior to your exam date Avoid any caffeinated drinks or foods (such as chocolate, hot chocolate, coffee, tea and cola drinks) as caffeine can artificially affect your heart rate What To Expect From The Actual Medical Tests Life insurance physicals are really not a big deal. Yearly physicals performed by your family physician are probably more complex " with insurance exams, a urine test, routine blood taken, and answering a questionnaire are the standard requirements. However, if you want a large coverage amount in the millions, and you are not young and athletic, be prepared to take a treadmill stress test. If, however, you are applying for a smaller policy (under $50,000) in some cases the medical is completely waived. But in the long run, you know your own health best. Only you can decide whether or not its right for you to take that life insurance exam in the hope of getting better rates " or pass and go for the no exam option. About the Author: It is possible to get life insurance exam tips even if you are middle aged. Visit life insurance facts for more resources and tips on how handle insurance examinations and get reasonable insurance policy. Kindly provided by LJ-Marketing.dk You are welcome to use this article on your own website, if you include the link just before this text. |
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