At InsuranceGlobe.net We Can Help You With High Risk Life Insurance Quotes
One reason you might be considered high risk is if you engage in hazardous occupations or hobbies such as flying airplanes, racing car or boats, scuba diving, mountain climbing, etc. Another reason is if you have a medical condition such as cancer, heart disease, diabetes, etc.
How Do Life Insurance Companies View High Risk Applicants?
Both examples (hazardous occupations and medical conditions) would make you a higher risk for a life insurance company to insure. When a life insurance company considers you a higher risk, it means they will charge you an additional percentage rate depending on how high a risk they consider you to be given your occupation, hobby, etc. These additional percentage rates charged by life insurance companies to high risk individuals result from what is called table ratings.
About Table Ratings
Each number in the table counts as an additional 25%. So, if you are rated table 4 , you would be charged an additional 100% or in essence double that of a Standard Risk. By the way, a Standard Risk health rating does not result in the least costly policy. The least expensive policy premium rates are for those individuals that qualify for a Preferred Best, also called Preferred Plus, health rating.
How Can We Help?
At InsuranceGlobe.net we specialize in high risk and impaired risk situations. We can help you navigate the intricacies of submitting an application that could result in a high risk rating.
Whether you have prostate cancer, sleep apnea, diabetes, an irregular heartbeat, skin cancer, a coronary artery stent, or some other serious illness, it doesn’t always mean you will get declined or be charged a much higher rate for life insurance. It may be that you tried 3 years ago with every company possible, but underwriting opinions can change over time, so you should try again periodically.
Our expertise in the area of high risk will help you shop the universe of possible insurers to find the best high risk life insurance company and high risk life insurance rates, whether you are looking for TERM LIFE INSURANCE, GUARANTEED UNIVERSAL LIFE INSURANCE or WHOLE LIFE (also called CASH VALUE) LIFE INSURANCE.
Contact Us Now!
If you thought you were uninsurable, but aren’t quite sure and would like to to test the market, InsuranceGlobe.net can help you do just that. Call us today at Toll Free Number 1-888-950-8376 and obtain your life insurance quotes including TERM LIFE INSURANCE, RETURN OF PREMIUM TERM LIFE INSURANCE and GUARANTEED UNIVERSAL LIFE INSURANCE quotes here.