An Extra Perk of Staying Fit: Having a Better Life Insurance Policy

An Extra Perk of Staying Fit: Having a Better Life Insurance Policy

There are plenty of perks for staying in shape. Higher self-esteem and an overall better health are just two of many benefits. One perk that many people are unaware of is the ability to get a better life insurance plan. For many people, having a life insurance plan means peace of mind. When you have loved ones depending on you to support them financially, knowing that their financial needs will be taken care of after you pass away is invaluable. A better Body Mass Index-which is known as the BMI-, can help you get a life insurance plan with good coverage and affordable premiums.

The reason for having a relation between a person’s Body Mass Index and the type of life insurance they are eligible for is really simple: the effect of a good BMI on a person’s overall health. Insurance companies calculate the odds, based on which they decide what type of insurance to grant. This process is necessary to reduce an insurance company’s risk. The better the person’s health, the less risk they are to an insurance company. This is why people who have the best health and are in good shape always receive better life insurance options.

Unlike health insurance which cannot be denied by law, life insurance can. Companies often either set a very high premium on life insurance or not grant one at all if a person falls in the fat or obese categories of the Body Mass Index. Despite the difficulty of obtaining a good life insurance policy if you fall into those categories-especially the obese category-understanding the process and your current situation can strongly increase your odds of finding a good plan. In order to see the big picture of where you stand from a good life insurance policy, you can complete the following quiz on HealthIQ.com. This can save you lots of searching time and provide information that is both accurate and valuable.