Lose Weight

Should I try to lose weight before I apply for insurance?

Short answer is YES, you want to fit into the carrier’s build chart. If your build (height and weight) is more than their guidelines, you will pay more for the life insurance.

AND it is a little more complicated than that. There’s a question on every life insurance application that asks if you have lost more than 10 pounds in the last year. Mainly the questions are looking to know if you had some illness that cause you to lose a lot of weight.

But it also is to avoid any gameplaying by us in preparing for the exam. So how do they know if you have kept the weight off more than a year? The answer is they look at your medical records. What do you have to do every time you go to the doctor? The way you win in that they logged out and it’s in your records.

So what the carrier is looking for is for everything to agree the weight that you tell me when I take your application, then, they’re going to weigh you when they do the medical exam when the paramedical comes out to your home, and they want all that to tie and at least relatively closely to how much you weigh at the doctor’s office.

Also a little known fact is that if you do lose weight after we place the insurance in force and keep it off for a year we can go back to the carrier and apply for a reclassification of your underwriting class and many times they will allow this and give you the lower rating class.