Life Insurance for Overweight Applicants

Obesity has become a serious global problem, and this health condition is on the rise in India as well. Obesity is a medical condition, which causes multiple health hazards. The Body Mass Index (BMI) of an individual is the ratio of the person’s weight to height. A BMI of 30 is considered to be the threshold for obesity. If an individual has a BMI between 25 to 30, he or she is considered to be overweight. Various reasons can result in obesity. These can be genetic or a result of another health condition. Obesity can also occur due to bad metabolism, junk food, and an inactive lifestyle.

Obesity can result in diabetes, heart diseases, hypertension, angina, and respiratory issues, various health problems. These can effectively shorten your life.Hence, if you are obese, you need to consider buying life insurance for overweight people.Your weight can certainly impact your life insurance premium. So, before you buy a life cover, understand how your body weight affects it.

Life insurance premium for overweight people

If you are overweight, you need to compromise on your life insurance plan when it comes to the premium aspect. You can still purchase life insurance from the best insurers, but it will cost you more. A life policy for obese people may not offer the same benefits that a fitter person can enjoy. The policy will also come with multiple exclusions. You have to pay a higher premium for the policy you purchase compared to a general life policy.

How obesity can affect the life insurance premium

When it comes to life insurance for overweight female or male policyholders, finding a cheap option is never easy. The insurance companies use the BMI chart in order to determine how much premium you have to pay. So, if you are somewhere on the lower side of the overweight range, you can expect to be offered a reasonable premium. However,if your weight is on the higher side of the BMI chart, your life insurance premium will be more expensive. The weight directly affects the premium as many insurers increase the premium by a certain percentage for obesity.

One intelligent way to reduce the premium is by buying a life insurance policy online. The insurance industry is a competitive market, and that can work to your advantage. You can compare the different policies of life insurance for an overweight person online to find an affordable product. Buying a policy through digital means will help you in paying a lower premium as compared to purchasing life insurance offline. You will have to pay a comparatively lower premium.

The smartest thing you can do today is to buy the life insurance policy you can get, and then work towards improving your health. This way, you will be able to shed a significant amount of fat from your body over the course of a few years. You can then apply for a new policy that comes with an affordable premium.

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