How is my previous health history important if I am currently Healthy
Term Life Insurance Health Class Term Life Insurance Rates
Your prior health history is important to term life insurance companies because it can give them an idea of your overall health, as well as help them to determine your life expectancy. Term life insurance companies base their term life insurance rates on your overall health. If you are healthy, you will pay less. If you are not as healthy, you may pay more.
Term life insurance companies look at many factors when determining the cost of term life insurance. If you have had cancer or heart disease in the past, you are more likely to suffer from such illnesses again in the future. Because of this likelihood, many term life insurance companies will charge you more for term life insurance than someone who has never had to deal with these illnesses.
If you have dealt with health issues such as these, please let your customer service representative know at the beginning of the term life insurance application process. At WholesaleInsurance.net, we have life insurance companies that offer lower rates for individuals that have dealt with these illnesses.
