Life Insurance Guide for Overweight Individuals (2023)

Life insurance is essential for individuals with families and financial obligations. Overweight individuals who may have other health problems will want to make sure their families are protected.

Life insurance for overweight people is easier to find than many people think. If you want to buy life insurance for overweight people, enter your ZIP code above to get life insurance quotes from companies in your area.

Can I get life insurance for overweight people?

In most cases, overweight people can still qualify for life insurance. Most life insurance companies will only deny an overweight person if they have other health conditions, such as cardiovascular diseases, diabetes, or some cancers, as well.

If you are denied by one company, you would most likely be accepted by another life insurance company for overweight people. You may also qualify for a guaranteed acceptance policy. However, these generally offer limited coverage with higher rates.

How much is life insurance for obese people?

The higher a person’s BMI, the higher their life insurance rates will be. This is because many overweight people have lower life expectancies.

Each life insurance company determines its rates using rating categories. Each rating category is determined by the risk factors associated with an applicant. An obese person may qualify for a Standard Plus rating but is likely to be rated Standard if they have other health conditions.

Let’s look at some samples of life insurance rates for a 5’9, 240 pound male with elevated cholesterol and high blood pressure:

Individuals in the Standard Plus or Standard categories pay more for life insurance than those in the Preferred or Preferred Plus categories.

Case Studies: Life Insurance Guide for Overweight Individuals

Case Study 1: Sarah’s Successful Life Insurance Application

Sarah is an overweight individual who decided to apply for life insurance. Despite her weight, she has been taking steps to improve her health, including following a healthy diet and exercise plan and regularly visiting her doctor. Sarah applied for life insurance and provided all the necessary information about her health and lifestyle.

The insurance company reviewed her application and considered her overall health and commitment to improving her well-being. Sarah was approved for life insurance at a standard rating, which means she received coverage at a reasonable premium rate. This case study demonstrates that overweight individuals who actively work on improving their health can still qualify for life insurance.

Case Study 2: Mark’s Limited Coverage With Guaranteed Acceptance Policy

Mark is an obese individual with pre-existing health conditions such as cardiovascular diseases and diabetes. He applied for life insurance but was denied coverage by several insurance companies due to his health risks. However, Mark was able to secure a guaranteed acceptance policy.

Although the coverage provided by the guaranteed acceptance policy was limited, it offered some financial protection for Mark’s family in the event of his passing. While the premiums for such policies are typically higher, Mark recognized the importance of having some form of life insurance coverage despite his health challenges.

Case Study 3: Emily’s Improved Rates Through Weight Loss

Emily was overweight and wanted to secure life insurance coverage. She decided to make significant changes in her lifestyle, including adopting a healthy diet and exercise routine. Over time, Emily successfully lost a significant amount of weight and improved her overall health.

When Emily applied for life insurance after her weight loss journey, she provided evidence of her improved health and regular medical check-ups. The insurance company recognized her efforts and offered her coverage at a preferred rating. This allowed Emily to obtain life insurance at a more affordable premium rate, reflecting her improved health status.

How can I save on life insurance rates for overweight people?

Many of the best life insurance companies ask questions about your health and medical history. Be as honest as possible, and include details about your diet and health regimen, physician’s orders and whether you follow them, and if you’ve had weight-related complications.

If you started a healthy diet and exercise regimen that is helping you lose weight, you may want to include this in your life insurance application. You may also include a recent doctor’s visit so that the life insurance company knows you are being monitored by a medical professional.

Finally, you may want to compare insurance quotes for overweight people from multiple companies. Find affordable life insurance for overweight people by entering your ZIP code into our free quote comparison tool below.