Life insurance, typically is easy to obtain when you’re young and healthy, but can be difficult to obtain as you age or experience health problems.

Typically, the cheapest rates for life insurance, which are considered select or preferred rates, are available only to those individuals who are healthy themselves and who have a family history of good health. These rates exclude individuals who take certain medications (such as heart medications), who are grossly overweight, who smoke, or who engage in risky activities such as skydiving.

If you fall into one or more of those categories, you could pay 50 percent more than preferred rates for your life insurance.

How To Still Qualify

This doesn’t mean, however, that you can’t get life insurance; it may just cost more. For that reason, it’s generally a good idea to get advice before you buy. One insurance company may charge much less than another insurance company simply because its underwriters estimate the risk of your condition differently.

It is important not to lie about negative information that may raise your rates, even if you think you can get away with it. Insurance companies will investigate suspicious claims, and if your insurer discovers that you lied on your application, it will deny the claim. Your heirs could even be tied up in court for years.

It is best to speak with a knowledgeable adviser at Brazelton Insurance Group to help with life insurance policies and who understands your individual needs.