High Risk

If anything of this describes you, then you need to know about high risk life insurance.

You can agree that nearly everyone needs life insurance to protect loved ones financially. Applying for life insurance with health conditions can be scary and embarrassing , especially because of the fear of rejection and the fear of the unknown.

Many people who apply for life insurance may be turned down because they are considered higher risk candidates than others due to various risk factors. These decisions are made by insurance companies based on areas such as high risk professions like individuals who work for law-enforcement agencies, miners or skyscrapers. Individuals who may not have high risk professions, but are involved in activities that are considered high risk, such as hobbies similar to driving race cars, scuba diving, or skydiving. These are all activities that are associated with high risk hobbies.

There are also those who have high risk habits and their lifestyle may contribute to high risk factors, such as those who smoke cigarettes or cigars, they are likely to be considered higher risk than those who do not smoke.

Other risk factors include those who have lived for a long time. They will find that insurance companies tend to shy away from them merely because of their age.

However, one of the major and most common high risk factors are pre-existing conditions. Individuals who have been diagnosed with any type of serious life-threatening disease, is almost always considered a higher risk than those without pre-existing conditions. Typically conditions including diseases such as heart disease, high blood pressure, cancer, strokes, or diabetes. There are others who may not have these life-threatening preconditions but may have other health risk that may contribute to major health problems in the future.