• Home
  • Get A Quote
  • Customer Service
  • Refer a Friend
  • About Us
  • Location Map
  • Employee Directory
  • Privacy Policy
  • Contact Us
Call Us Call Us Today | (863) 683-9334
Home
  • Home
  • Get A Quote
    • AutomobileImage of right arrow
      • Auto Insurance Quote
      • Auto Quote Short Form
    • Bonds
    • Business & CommercialImage of right arrow
      • Commercial Auto Insurance Quote
      • General Liability Quote Form
      • Business Owners (BOP) Quote Form
    • Flood
    • HealthImage of right arrow
      • Health Insurance Quote
      • Long Term Care Insurance Quote
    • HomeownersImage of right arrow
      • Homeowners Insurance Quote
      • Manufactured Home Quote
    • LifeImage of right arrow
      • Life Insurance Quote
      • Term Life Insurance Quote
    • Motorcycle
    • Recreational Vehicle
    • Renters
  • Customer Service
    • AutomobileImage of right arrow
      • Send Declaration and Coverages Information to Lien Holder
      • Add Vehicle to Existing Auto Policy
      • Add Driver to Existing Auto Policy
      • ID Cards Request
      • Declaration and Coverages Request Form
    • Business & CommercialImage of right arrow
      • Request Declaration and Coverages Page for Commercial Auto Policy
      • Request General Liability Certificate of Insurance
    • Homeowners
    • MotorcycleImage of right arrow
      • Request ID Card for Motorcycle Policy
      • Request Declaration and Coverages Page for Motorcycle Policy
  • Blog
  • Make a Payment
  • Resources
    • Refer a Friend
    • Important Links
    • Calculators
    • Insurance Glossary
    • News Center
  • About Us
    • About Garland Insurance, Inc.
    • Location Map
    • Employee Directory
    • Customer Testimonials
    • Privacy Policy
  • Contact
    • Contact Us
    • Join Our Newsletter
 
Auto Insurance AUTO Read More
Homeowners Insurance HOME Read More
Business Insurance BUSINESS Read More
Life Insurance LIFE Read More
Health Insurance HEALTH Read More
Boat Insurance BOAT Read More
Home > Blog > Factors Influencing Your Life Insurance Eligibility
FRIDAY, JANUARY 29, 2021

Factors Influencing Your Life Insurance Eligibility

life insurance application form on a tablet

When you apply for life insurance, your insurer will want to know just how risky of an investment they will make by insuring you. After all, you are going to cost them money if you die and your beneficiary makes a claim on your policy. They want to know how likely that is to happen.

Of course, everyone is going to die one day. But to life insurers, some customers have much higher risks of death than others, and therefore they are costlier to cover. As a result, those with higher insurance risks are likely to have to pay more for their plan, and they might not even qualify for certain coverage altogether.

Consider a few of the factors that could influence both your life insurance eligibility and your eventual premium payments.

1. Age

It’s pretty obvious that the older you are, the more likely you are to pass away. However, even once you reach the age of 30, your mortality risk will rise, and your eligibility for life insurance might drop. It is always recommended that you purchase your life insurance benefit before the age of 30 if you want to get optimized pricing.

Health Conditions

Individuals who have a history of health problems or chronic medical conditions often find it harder to qualify for certain life insurance policies. After all, issues like cancer, high blood pressure, obesity, or other chronic conditions all can create significant challenges and lead to a higher risk of death. However, life insurance is still very much attainable to anyone with such challenges, so you should never hesitate to work with your insurer to find the solution for you.

Occupation

Those who work in certain industries—physicians, construction workers, truck drivers, police, animal handlers—often face significant personal safety risks. As a result, they might face a higher risk rating when they apply for life insurance.

Tobacco-Use History

Any type of tobacco use, even if it is infrequent, poses a significant health risk and personal challenge to the consumer. Eventually, tobacco users put themselves at risk of cancer, chronic breathing issues, high blood pressure and countless other problems.

Beyond just tobacco use, any history of illegal substance abuse, alcohol abuse and other high-risk activities could be a warning sign to any potential life insurance provider. Therefore, it is always best to commit to quit long before you purchase a policy.

Countless other factors like your income, chosen policy and benefits and place of residence will impact your life insurance eligibility. Additionally, there are numerous plan options on the market today, all of which offer different benefits and cost structures. With the help of your dedicated life insurance agent, you’ll be able to find and enroll in the perfect policy solution that will protect you throughout your life.

Also Read:What is the Point of a Term Life Insurance Policy?

Request a Quote

Posted 11:00 AM

Tags: life insurance, life insurance eligibility
Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2012

  • insurance(39)
  • tampa(23)
  • florida(21)
  • home insurance(12)
  • auto insurance(9)
  • life insurance(7)
  • business insurance(6)
  • liability insurance(4)
  • commercial insurance(4)
  • claims(3)
  • homeowners(3)
  • car insurance(3)
  • business owners(3)
  • saving money(2)
  • term life insurance(2)
  • mortgage(2)
  • liability(2)
  • health insurance(2)
  • homeowners insurance(2)
  • lakeland(2)
  • teen drivers(1)
  • summer(1)
  • tampa insurance(1)
  • prescription drug coverage(1)
  • storms(1)
  • final expenses(1)
  • car technology(1)
  • accident prevention class(1)
  • retirement(1)
  • insurance for artisans(1)
  • new season(1)
  • septic companies(1)
  • maintenance(1)
  • insurance myths(1)
  • safety tips(1)
  • life insurance eligibility(1)
  • percentage deductibles(1)
  • renewing a policy(1)
  • tornadoes(1)
  • distracted driving(1)
  • in dash technology(1)
  • small business owner(1)
  • lakewood(1)
  • best age(1)
  • home exterior(1)
  • furnace(1)
  • small business insurance(1)
  • new homeowner(1)
  • sliding damage(1)
  • learner driver(1)

View Mobile Version
Facebook
Twitter
LinkedIn
Google+
Progressive
Nationwide
Travelers
Safeco
Mapfre
Foremost
Southern Fidelity
Twitter Logo
Tweets by GarlandInsFL

Resources

Home About Us Get a Quote Customer Service Write a Review Newsletter Contact Us

Contact Us

Map
  • 5620 US Hwy 98 N
  • Lakeland, FL 33809
  • P: 863-683-9334
  • F: 863-687-4027
  • Email Us
© Copyright. All rights reserved.
Powered by Insurance Website Builder