How Your Body Mass Index Affects Your Life Insurance Rates

You should pay attention to your body mass index (BMI) when applying for life insurance. The reason is that they can determine how expensive or inexpensive your life insurance plan will be. With that being said, here’s how your body mass index affects your life insurance rates.

Underweight

Individuals who fall into this category have a BMI weight that is under 18.5. Life insurance companies are partial to extreme weight loss because it indicates malnutrition, eating disorders and lack of vitamins. And they will likely increase your premium rates to cover the risks.

Normal

If your BMI weight is between 18.5-24.9, you are in the normal weight category. Individuals in this group are given the best in terms of premiums and coverage.

Overweight

People that are overweight are those whose BMI ranges from 25.0-29.9. These set of individuals are charged slightly higher premiums than those in the normal weight category.

Obese

If your BMI weight is 30.0 or even higher, you will be placed in this class. The obese category typically pays the most expensive premium rates especially when compared to other categories. The reason for this is that life insurers view obesity as a cause of several health issues like diabetes, high cholesterol, hypertension, and high blood pressure. In some cases, there are life insurance organizations that would refuse the applications of obese individuals.

 

Bottom line

So before you apply for life insurance, it would be a good idea for you to know your body mass index. Reach out to your doctor if you are not sure of how to calculate it. With your knowledge of your BMI, you would have an idea of what rates to expect from your insurer.