Obesity Life Insurance Factors Orlando Florida FL
Reader’s Question:
Is it true that my life insurance provider here in Orlando, Florida, can charge me higher rates for being obese?
Victoria
Orlando, FL
Yes, it is quite possible for your life insurance provider therein Orlando, Florida (or anywhere for that matter) to charge you higher life insurance premiums for being overweight or obese. It all has to do with how much risk you present towards the life insurance provider’s business. Due to the number of deaths and illnesses associated with obesity and excessive weight (Type 2 Diabetes, hypertension, Heart diseases just to name a few) as well as the escalating number of obese individuals in the country, there has been an increasing trend on costlier rates due to the life insurance industry facing huge amounts of expenses and even losses for insuring so many overweight and obese people.
If this trend continues mortality rates across the nation could make life insurance premiums for this segment of the population even higher in the future. The best way that you can protect yourself would be to lose that extra weight. Most life insurance providers are flexible enough to lower your rates if you show a big improvement on your weight and by living a healthier and more active lifestyle. Doing this has a lot of obvious benefits not only to your life insurance expenses, but also to your health and quality of life. Consult your life insurance provider to see how soon they can lower your rates once you’ve shown improvement in managing your excess weight.
Tags: obesity life insurance, life insurance rates, cheap online life insurance, advise
Overweight Person Life Insurance Orlando Florida FL
Reader’s Question:
I’m a bit overweight, would that affect my life insurance policy here in Orlando, Florida?
Juliet
Orlando, FL
Good Question. Depending on how “a bit” overweight you are, excessive weight or downright obesity can heavily influence your life insurance premiums there in Orlando, Florida. According to ObesityinAmerica.org (ref. http://www.obesityinamerica.org/bythenumbers.html), about 127 Million adults in America are considered to be overweight and out of that, 60 million people are obese, and 9 million are tagged as extremely obese. And it doesn’t end there, 15% of children and adolescents are also considered overweight. With these numbers, the risk of dying pre-maturely due to obesity related illnesses such as diabetes and heart attacks are also increasing. It will only be natural for life insurance providers to increase their rates for people who are tagged as obese or overweight to compensate for the big risk their taking by providing coverage for such as “high-risk” segment of the population.
By going online and utilizing the search engines of most life insurance portals, you can actually compare the differences of rates and premiums between an individual with normal body weight and one who is overweight or obese (the website will ask you for your age, height and weight, among other things). Most of these life insurance portals can provide accurate quotes across several different life insurance providers. The individual’s age has the potential to further compound life insurance rates further. That shouldn’t stop you from going Online and comparing the lowest rates available for you though.
Tags: obesity life insurance, obesity, advise, life insurance information