At SelectQuote, we can help customers of any health rating. However, qualifying customers may be eligible for our exclusive, same-day life insurance options. This coverage requires no medical exam and up to $5 million in coverage. When it comes to life insurance, insurers often reward individuals who prioritize their health with more favorable premiums. This is because healthier individuals generally pose a lower risk to insurance companies, resulting in potential cost savings for policyholders.
By adopting habits such as regular exercise, balanced nutrition, and avoiding harmful substances like tobacco, you're not only investing in your longevity but potentially reducing your life insurance expenses. If you’re concerned about your ability to qualify for coverage, there’s no need to worry. We’re also able to help customers with health concerns—be it diabetes, heart disease, obesity, etc.—in finding affordable coverage.
What life insurance is best for healthy people?
Same-day life insurance, also known as no medical exam life insurance, is revolutionizing the way people secure coverage. This type of coverage is a strong option for healthy people, as it provides the same amounts of coverage and affordable rates as traditional term life insurance. This innovative approach eliminates the need for time-consuming medical examinations, allowing applicants to obtain protection swiftly and efficiently. With our same-day life insurance, you could be covered by the time you hang up the phone, providing peace of mind in a matter of minutes rather than weeks.
This expedited process doesn't mean compromising on coverage; policies can offer substantial protection with coverage amounts up to $5 million. You may even be able to qualify for coverage for as little as $14 per month. However, it's important to note that rates can vary based on factors such as age, health status, and coverage amount.
Traditional term life insurance also stands out as an excellent choice for healthy individuals seeking to protect their loved ones and assets. This type of coverage provides financial security for a specified period, typically ranging from 10 to 30 years, offering flexibility to match your specific needs and life stages. Term policies are designed to provide substantial coverage during critical years, such as when raising children or paying off a mortgage, without the lifelong commitment of permanent insurance.
One of the most appealing aspects of term life insurance for healthy people is its affordability. Premiums are generally lower compared to permanent life insurance, especially for those in good health. This cost-effectiveness allows policyholders to secure high coverage amounts at reasonable rates, ensuring their beneficiaries are well-protected without straining their budget.
Healthy Habits to Help You Save on Life Insurance
Insurance providers often reward individuals who demonstrate commitment to their health with more favorable rates. Here are some key habits that can contribute to both a healthier you and lower the cost of life insurance:
Embrace a Nutritious Diet: Focus on consuming a balanced diet rich in fruits, vegetables, whole grains, and lean proteins. Limit processed foods, saturated fats, and excessive sugar intake. A healthy diet can help maintain optimal weight and reduce the risk of chronic diseases.
Prioritize Preventative Care: Regular check-ups, screenings, and vaccinations can catch potential health issues early. Stay up-to-date with recommended medical examinations and follow your doctor's advice for preventative measures.
Master Stress Management: Chronic stress can take a toll on your health. Incorporate stress-reduction techniques such as meditation, deep breathing exercises, or yoga into your daily routine. Adequate sleep is also crucial for managing stress and maintaining overall health.
Engage in Regular Physical Activity: Aim for at least 150 minutes of moderate-intensity exercise or 75 minutes of vigorous-intensity exercise per week. This can be as easy as getting 10,000 or more steps a day, taking the stairs instead of the elevator, participating in workout classes, swimming, or even workouts such as strength training and crossfit. Regular movement helps maintain a healthy weight, improves cardiovascular health, and boosts overall fitness.
By incorporating these healthy habits into your lifestyle, you're not only investing in your long-term health but also potentially securing more affordable life insurance coverage. Remember, consistency is key—small, sustainable changes can lead to significant benefits over time.
Health Risks for Life Insurance Rates
Life insurance providers carefully assess an individual's health profile when determining premium rates. Certain health risks and lifestyle choices can significantly influence these rates, often leading to higher premiums, including:
Smoking and Alcohol Consumption: Tobacco use is one of the most significant factors affecting life insurance rates. Smokers typically face substantially higher premiums due to the increased risk of various health issues, including cancer and cardiovascular diseases. Similarly, excessive alcohol consumption can lead to higher rates, as it's associated with liver disease, increased accident risk, and other health complications.
Sedentary Lifestyle and Obesity: Lack of regular physical activity and obesity are major concerns for insurers. A sedentary lifestyle increases the risk of numerous health problems, including heart disease, diabetes, and certain cancers. Obesity, often a result of inactivity and poor diet, is linked to a higher mortality rate and various chronic conditions. Individuals with a high body mass index (BMI) may face higher premiums or coverage limitations.
Pre-existing Medical Conditions: Chronic health conditions such as diabetes, heart disease, high blood pressure, or a history of cancer can significantly impact insurance rates. These conditions suggest a higher risk of mortality, prompting insurers to adjust premiums accordingly. Some severe pre-existing conditions might even result in policy denial or specific exclusions.
Family Medical History: While not directly related to personal habits, a family history of certain genetic conditions or early-onset diseases can influence rates, as it may indicate a predisposition to these health risks.
Understanding these factors emphasizes the importance of maintaining a healthy lifestyle not only for personal well-being but also for more favorable life insurance options.
See if You Qualify for No Medical Exam Life Insurance with SelectQuote
Our exclusive, same-day life insurance is quick, easy, and doesn’t require a medical exam. You could have up to $5 million in coverage secured over your lunch break! We have nearly 40 years of experience helping families find the right coverage for their needs. Let us see if you qualify for no medical exam life insurance, too—some policies are less than $1/day.
