High Risk Life Insurance – Everything you Need to Know

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High Risk Life Insurance - Life Insurance with Pre-Existing Medical Conditions

High Risk Life Insurance and Life Insurance With Pre-Existing Medical Conditions can be tricky.  Our Job Today and in this article is to provide you a clear path toward obtaining the best life insurance rates possible. Proceed with an open mind and ready to put the task of life insurance behind you for good.

Prepare for the most comprehensive guide and insider tips from real life insurance agents who handle these situations on a daily basis.

Thanks for stopping by. Good Life Protection

What is high risk life insurance? What can I do if I am deemed to be high risk? What’s high risk life insurance rates look like?

These are questions we are here to answer. High-risk life insurance can be intimidating. Either you do not want to pay the higher premiums or you are scared you will be denied for the life insurance. It’s tough to know where to even look with the thousands of life insurance companies in the market today.  Who’s the best company for you and who can provide the best rates are both questions you need to be asking yourself to determine which way to go.

It’s also important to know what rates you may be looking and to have a full understanding of life insurance in general.

High-risk life insurance does not have to be so scary. Plenty of options are available. In fact, in my industry experience, high-risk life insurance companies exist in fairly large quantities. Sure, they do not advertise as such but they provide coverage for many different variations of medical conditions and offer plenty of different options and life insurance policies for individuals that are deemed high risk. Life insurance for high risk individuals can present more work for the agent, but nothing to fret over. 

High risk life insurance companies are always willing to look at your case.

The most important part of the process is gaining an understanding of how high-risk life insurance works. What is your condition? How do life insurance carriers view you in terms of underwriting and risk? In my experience, insuring high risk individuals rarely revolves around cost.

A crazy phenomenon known as, “adverse selection” tends to take place in these situations. Once you know you need the life insurance, you go out and attempt to get it. While nothing is wrong with this approach, it does go to show the importance of purchasing life insurance before you run into problems. We will discuss the potential problems in this guide to obtaining high risk life insurance.

Let’s first begin by explaining what exactly Good Life Protection handles and categorize all the health conditions, habits or occupations that could make your case just a little trickier than a typical life insurance case. As always, we always recommend considering many life insurance companies to determine who the best option may be for you. 

Don’t worry we will cover that for you a little later.

We are first going to start by categorizing the potential pre-existing medical conditions you have into its respected area and giving a break down of the health condition.  We will then give a brief overview of the high risk pre-existing medical condition, and then discuss other areas of high-risk life insurance. 

If you don’t happen to see your condition, you currently have, please be sure to comment below.

It’s very possible we forgot to add it because we can nearly guarantee that we have worked with individuals with the same pre-existing medical condition that you are currently dealing with and we want to help you as well.

Let’s Get Started

Photo by Category

Some common symptoms include

  • Fatigue
  • Shortness of Breath
  • Frequent Infections
medications for blood disorders and life insurance

Impact on Application

High-Very High

Impact on Price

High-Very High

Time For Approvals

4-16 Weeks

Chance of Approvals

Chance of Approvals
Blood Disorders and Life Insurance71%

Top Underwriting Criteria

  • Which actual blood disorder do you have?
  • Is current treatment plan currently working?
  • Medications currently being taken for disorder?

Recommended Company

Varies case by Case 

Here’s a quick list of frequent blood disease’s and blood disorders we help underwrite and secure life insurance for at Good Life Protection.

Now we move into how cancer can impact your life insurance. Here’s a full guide for cancer survivors and cancer patients in case you need further information on particular cancers and how it can impact your life insurance rates and approval chances.

Impacts of Cancer and Life Insurance

Life Insurance with Cancer- High Risk

Cancer is the disease caused by an uncontrolled division of abnormal cells in the various parts of the body.  Depending on your cancer or if your an current cancer patient, it can have multiple degrees of impact on your life insurance approvals and overall rates you may pay. 

Here’s a look at the various forms and kinds of cancer you may have that we are experienced with at Good Life Protection.  Don’t worry.  We got your back.

  • Acute Lymphoblastic Leukemia (ALL)
  • Acute Myeloid Leukemia (AML)
  • Adrenocortical Carcinoma
  • AIDS Related Cancers
  • Anal Cancer
  • Appendix Cancer
  • Basal Cell Carcinoma- Skin Cancer
  • Bladder Cancer
  • Bone Cancer
  • Breast Cancer
  • Burkitt Lymphoma
  • Carcinoid Tumor
  • Cervical Cancer
  • Chronic Lymphocytic Leukemia
  • Chronic Myelogenous Leukemia
  • Colorectal Cancer (Colon Cancer)
  • Endometrial Cancer- Uterine
  • Esophageal Cancer- Throat
  • Ewing Sarcoma (Bone Cancer)
  • Eye Cancer
  • Fallopian Tube Cancer
  • Gallbladder Cancer
  • Gastric or Stomach Cancer
  • Gastrointestinal Carcinoid Tumor
  • Gastrointestinal Stromal Tumors (GIST)
  • Hairy Cell Leukemia
  • Head and Neck Cancer
  • Hepatocellular (Liver) Cancer
  • Hodgkin’s Lymphoma
  • Kidney Cancer
  • Kaposi Sarcoma
  • Langerhans Cell Histiocytosis
  • Leukemia
  • Lip and Oral Cancer
  • Lung Cancer
  • Lymphoma
  • Male Breast Cancer
  • Malignant Fibrous
  • Melanoma
  • Metastatic Cancer
  • Mouth Cancer
  • Multiple Myeloma (Plasma Cancer Neoplasms)
  • Myelogenous Leukemia (CML)
  • Nasal Cavity and Paranasal Sinus Cancer
  • Nasopharyngeal Cancer
  • Neuroblastoma
  • Non-Hodgkin Lymphoma
  • Non-Small Cell Lung Cancer
  • Oral Cancer
  • Osteosarcoma and Malignant Fibrous
  • Ovarian Cancer
  • Pancreatic Cancer
  • Penile Cancer
  • Plasma Cell Neoplasm
  • Prostate Cancer
  • Rectal Cancer
  • Recurrent Cancer
  • Renal Cell- Kidney Cancer
  • Retinoblastoma
  • Salivary Gland Cancer
  • Sarcoma
  • Small Cell Lung Cancer
  • Squamous Cancer
  • Thymoma and Thymic Carcinoma
  • Thyroid Cancer
  • Urethral Cancer
  • Uterine Cancer
  • Vaginal Cancer
  • Vascular Tumors
  • Vulvar Cancer

Now, let's take a look at how cancer can impact your overall chances of obtaining life insurance.

Impact of life insurance with cancer

Impact on Application

Medium-Very High Depending on Cancer and Timeline

Impact on Price

Medium-Very High

Time to Approval

4-16 Weeks 

Chances of Approval

Chance of Approvals
Depending on Cancer and Timeline76%

Top Underwriting Concerns

  • Kind of Cancer
  • Success of Treatment
  • Time in Remission

Recommended Company

Varies Based on Cancer and Other High Risk Factors

Now we move into other pre-existing medical conditions that can impact your life insurance rates.  These are known as inflammatory and immune system disorders, and yes, they can sway the decision and overall pricing of your life insurance substantially if not navigated and handled correctly.

Let’s dive into them.


Inflammatory and Immune System Disorders and Life Insurance

Your body's immune system is designed to protect you from disease and infection.  Sometimes however, individuals have healthy cells attacked by the immune system which leads us into this section. 

Inflammatory and Immune System Disorders can can impact your life insurance in a big way and is considered high risk by the life insurance companies.  Let us help by explaining this more in depth.

Let’s see the impacts of how auto-immune and inflammatory disorders can have on your life insurance application.

Impact on Application


Impact on Price


Time for Approval

4-8 Weeks

Chances for Approval

Chance for Approval
Chances for Approval79%

Top Underwriting Concerns

  • Actual Condition
  • Medications Needed
  • Current Status of Condition

Recommended Company to Use

Varies Case by Case

That about covers the main auto-immune disorders and inflammatory disorders.  Let’s move into the mental health area of the underwriting process for an approved life insurance application.  Unfortunately, mental health is one of the most significant and most dominating health issues we see daily. 

Several mood disorders can fall into this category and everything in this category can have an impact on your life insurance application if you don’t work with the right agency or agent that can help you navigate over 50 life insurance companies to find the best fit.


What makes it a little more frustrating, is yes, it can have significant impacts on your life insurance but sometimes it can be easy to get approved. 

Often, it’s the matter of just working with limited options that leads to you being declined for life insurance if you fall into this category.

We would like to put an end to this to help guide you down the correct path.  We are always here to match you with the best company and to ultimately find the lowest overall price.  Let’s look at the most common mental health disorders and conditions we handle at Good Life Protection.

Let's start by listing out the individual mood disorders and make sure to feel free to read full reviews and in depth recommendations for reach mood disorder.

If you don't see your mood disorder listed, be sure to drop a comment below. We will continue to update as often as possible.

Here's our full list of mood disorders and mental health disorders we see frequently at Good Life Protection.

Woman suffering from mood disorder
  • Alcohol and Substance Abuse
  • Anxiety Disorders
  • Adult Attention-Deficit/ Hyperactivity Disorder
  • Bi-Polar Disorder, Major, Hypomanic, Manic
  • List Item
  • Depression
  • Eating Disorders- Morbidly Obese Future Problems
  • Obsessive Compulsive Disorders
  • Opioid Use and Abuse
  • Panic Disorder
  • PTSD (Post Traumatic Stress Disorder)
  • Schizophrenia
  • Seasonal Affective Disorder
  • Social Phobia
  • Anorexia Nervosa
  • Binge Eating
  • Bulimia
  • Insomnia
  • Restless Leg Disorder
  • Parkinson’s Disorder

Let’s take a look at how much mood disorders and mental disorders can impact high risk coverage rates and overall approvals

Impact on Approval

High-Very High

Impact on Price


Time for Approval

4-8 Weeks

Chances of Approval

Varies to Greatly Based on Mood Disorder or Mental Disorder

Mood Disorder Chances of Approval
Unknown Chances of Approval- Varies

Top Underwriting Concerns

  • Actual Mood Disorder
  • Medications?
  • Success of Treatment?
  • Past Suicide Attempts?
  • Stable Lifestyle?

Recommended Company

Varies Case by Case but 5 Star Life Insurance Could be a Top Choice- No Prescriptions checks on applicants needed

Now we need to dive into the different scenarios and situations you may face with Congenital Disorders when trying to obtain life insurance.  We handle many of them over here at Good Life Protection and want to give you an easy to navigate look at them.

Here’s a full break down of the congenital disorders we see frequently and how they can be handled. Feel free to visit the individual guides for each for more information.

  • Cystic Fibrosis
  • Down Syndrome
  • Heart Disorders and Heart Conditions
  • Huntington’s Disease
  • Hemochromatosis
  • Marfan Syndrome
  • Myasthenic Syndrome
  • Spina Bifida
  • Syphilis
  • Turner Syndrome
  • Wolff Parkinson White Syndrome

Don't be discouraged if you have one of these conditions above. It's still possible to get life insurance. Just be picky about working with someone with multiple options and who understands the condition you currently have.

Good Life Protection

Impact on Approval

Medium- High

Impact on Price

Medium- High

Time to Approval

4-8 Weeks

Chance of Approval

Varies to Greatly to List

Top Underwriting Concerns

  • Actual Condition?
  • Medications Taken?
  • Status of Condition?
  • Age of Diagnose?

Recommend Company

Varies to Greatly.  Work with an Independent Agent Only

Yep, some of you may even be impacted by Ear disorders and yes, they can impact your rates.  I know it’s a bit shocking and most likely they won ‘t hurt your approvals or rates but they definitely could. It really just depends.  Let’s take a look at ear disorders and life insurance and see what we are working with.

  • Deafness
  • Vertigo

Impact on Approvals


Impact on Price

Minimal- Medium

Time In Underwriting

2-5 Weeks

Chances of approval

High- Very High

Chance of Approval with Ear Disorders
High Risk Life Insurance97%

Underwriting Considerations

  • Actual Disorder?
  • Other Cognitive Impairments?
  • Outside Lifestyle Impacts?

Company to Choose

Price Shop.  Any company should happily approve you at pretty good rates.

Now that we have covered the ears, let’s move onto the eyes.  Let’s dive into how eyes could impact your rates and some typical conditions we see with frequency at Good Life Protection

Here’s a full list of the eye disorders most frequently seen by GLP when helping individuals obtain life insurance.

  • Blindness
  • Diabetic Retinopathy
  • Glaucoma
  • Macular Degeneration
  • Retinopathy
  • Eye Disease

Impact on Approvals


Impact on Price


Time in Underwriting

3-6 Weeks

Chance of Approval


Top Underwriting Considerations

Actual Condition?

Full Mobility and Fully Mobile?

Working or on SSDI?


Company Recommendation

Any Company while working with an independent agent should be able to help you with eye disorders.  Shop around and have someone like Good Life Protection find you the best possible rates you can find.

Let’s move into common infections and talk about they can impact your life insurance. Infections come in many shapes and sizes but we do see some infections way more than others so for the sake of time, we are going to break those down for you first.

  • Common Infections we Handle at Good Life Protection
  • HIV / AIDS
  • Chronic Fatigue Syndrome
  • Lyme Disease
  • Malaria
  • Meningitis
  • Pneumonia
  • Severe Acute Respiratory Syndrome
  • STD
  • Tuberculosis
  • Viral Hepatitis

Impact on Application


Impact on Price


Time in Underwriting

4-8 Weeks

Chances of Approval

Varies to Greatly to Give an Exact Number on approval Rates

Top Underwriting Concerns

  • Actual Infection?
  • Current Treatment?
  • Medications?
  • Success of Treatment?
  • Other Pre-Existing Medical Concerns?

Recommended Company to Work With

Any that Can Get your Case approved. Work with an independent agency or agent.  Consider Accidental Death or Guaranteed Issue Life Insurance if necessary.

Now, we also have high risk life insurance strictly due to injuries or accidents.  It’s unfortunate but it definitely does happen so let’s cover a few of them briefly.

Common Injuries and Accidents Good Life Protection Handles

Here's a quick look at some of the common injuries and accidents we handle on a fairly frequent basis. Yes, we can find a solution for you

  • Loss of Limb
  • Paraplegic
  • Quadriplegic
  • Loss of Some Form of Mobility
Photo for common injuries

Good Life Protections also works with individuals currently having issues with endocrine and metabolic pre-existing medical conditions.  Usually, coverage can be found for these individuals reasonably easy, but it also depends on many circumstances. Let’s dive in and take a look.

Here’s a quick overview of some of the main high risk cases we see with metabolic and endocrine disorders. Feel free to see our in depth guides for each high risk disorder for more information if you are still left with questions after reading.

  • Thyroid Disorders
  • Type 2 Diabetes
  • Osteoporosis

Now let’s take a look at the impacts it may have on your life insurance application and the process of getting approved.  Here’s a quick breakdown for you.

Impact on Application


Impact on Pricing


Time in Underwriting

2-8 Weeks

Chances of Approval


Top Underwriting Concerns

Which Condition do you have?

Is it controlled?

Which Medications do you Take?

Any other health concerns?

Company Recommendations

  • Phoenix Life Insurance Company- Full Review
  • Banner Life Insurance- Full Review
  • Protective Life Insurance-Full Review

As we can see, you have some good life insurance companies to choose from if you have any of these conditions which will ultimately lead you better approvals and lowers or overall rates. Now we need to get into the next common health concern we see with individuals trying to apply for life insurance.

High Risk Life Insurance with Muscular Skeletal Disorders

Muscular skeletal disorders and life insurance can also be a match NOT made in heaven.  Let’s look at some of the common issues we work with and the overall impact it may have on your life insurance journey, price and approvals.

  • Muscular Dystrophy

Let’s keep pushing forward and cover high risk insurance plan for individuals with Neurological disorders. Neurological disorders can be a bit tricky when applying for life insurance, but we do it frequently.  Here’s a look at the most common neurological diseases we help individuals obtain life insurance with.

Here’s a look a the impact these disorders can have on your life insurance.. It’s important to know that these cases are also very hard to pinpoint actual results during the life insurance application process.  It will depend on many outside factors.  Nonetheless, here’s an overview of the impacts neurological disorders may have on your overall rates and approval for life insurance.

Impact on Application


Impact on Price

High-Very High

Time in Underwriting

4-12 Weeks

Chances of Approval

Varies to Greatly to Give Exact Chances

Top Underwriting Concerns

  • Which condition do you currently have?
  • How Severe is the neurological disorder?
  • Medications currently being taken?
  • Success of treatments?

Recommended Life Insurance Company

Varies but Work with and Independent Agency Only

That transitions us into Oral and Gastrointestinal disorders and how it can impact your life insurance rates and approval chances.  These disorders are much more easy to navigate compared to some of the other high risk medical conditions some individuals face when trying to obtain life insurance.

  • GERD
  • Acid Reflex
  • Inflammatory Bowel Disease (IBD)
  • Peptic Ulcer Disease (PUD)

And here is a look at how these conditions can impact your life insurance application and ability to be approved for coverage.

Impact on Applicatoin


Impact on Price


Underwriting Time

2-6 Weeks

Chances for Approval


Top Underwriting Considerations

Is condition controlled?

Any further complications?

Medications taken?

Recommended Company

Any but shop options for the cheapest and the best possible solution for your life insurance policy.

Let’s transition over to Renal and Urogenital disorders and life insurance and the impact it can have on your life insurance application.

Here’s a quick breakdown of the top Renal and Urogenital disorders we see frequently.

  • Prostate Cancer
  • Hematuria (Blood in Urine)
  • Cystocele
  • Bladder Cancer
  • Endometriosis
  • Interstitial Cystitis
  • Polycystic Ovary Syndrome (PCOS)
  • Asthma
  • COPD( Chronic Obstructive Pulmonary Disease)
  • Chronic Bronchitis
  • Emphysema
  • Lung Cancer
  • Cystic Fibrosis
  • Pneumonia
  • Pleural Effusion
life insurance with lung conditions, picture of 2 lungs

Now we have to cover some ground for all the tobacco users reading. Yes, tobacco use can not only place you in high risk coverage classes but it can also compound the damage and the way the life insurance company views you if other pre-existing medical conditions are present as well.  

Let’s it because it’s important and very common.

Medications and Life Insurance

Now, we need to move into medications.  This is by far the biggest downfall consumers face when attempting to secure life insurance coverage.  We are going to go in depth on this. If you notice a medication not listed, be sure to drop a comment below. 

We want everyone taking medications to have an honest chance at obtaining life insurance at affordable rates so we try not to leave anything out.

Let’s dive in.

Photo of Syringe for Medications

Always be honest and up front with your life insurance agent and be sure to work with someone with multiple companies for options. Medications can leave you paying higher premiums fairly easily if not handled properly.

Good Life Protection

Most Hated Medication By Life Insurance Companies

Medications can have a significant impact on your life insurance application and overall chances of being approved.  Some companies will treat medications differently than others, but it makes a difference what the medicine is and even how you take it..

Let’s first give you the big time Goodies.

danger and medications with life insurance

Namenda (Memantine) or Aricept (Donepezil) 

Namenda is a very common medication used to treat Dementia.  Life Insurance companies tend to shy away or always require a much more in-depth review of your life insurance application if you are currently taking this medication.

  Atripla and Genvoya

This is also going to be a big NO NO in the eyes of the life insurance companies.  These are commonly prescribed for individuals with HIV.  We all know how dangerous HIV can be and the chances it has long-term impacts on your health.  Taking this is bound to lead to increasing medicals records needed from the life insurance company and you're looking at very long approval times.

That’s if and only if the case can be approved at all.

Lithium and Divalproex

This medication can also throw you for quite a loop.  It’s commonly used to treat bipolar disorder.  Bi-polar can lead to a lengthy underwriting process.  Underwriters with the life insurance companies are aware of the increase’s chances of suicide or other lifestyle issues that can tag along with bipolar disorder.

Paxil, Lexapro, Celexa, and Zoloft

SSRI medications can be used often in situations such as depression or even more severe conditions such as PTSD.  This will always raise a flag to a life insurance company. Don’t worry, we have a vast amount of experience field underwriting these conditions and medications and can still help you achieve rates in a budget cheaper than you most likely think it will be.

Plavix (Clopidogrel)

This medication will need some TLC to help gain approval from the Life Insurance Companies.  It’s often used as a treatment for coronary artery disease.  In some circumstances, it’s used for post-heart-stent surgery or prior heart problems.  It places you in a high-risk area in the eyes of the life insurance underwriters.  We highly recommend looking at a company like Prudential or Protective Life Insurance Company if you fall into this category.

They are known to underwrite heart cases very favorably so using them in this situation would be highly advisable.

Harvoni, Sovaldi, Viekira Pak

These medications are commonly found helping treat symptoms of Hepatitis C which can escalate into a very high-risk life insurance application in some scenarios.  It’s going to be tough to obtain the best or cheapest life insurance rates while taking this medication.

Naltrexone, Campral, and Anabuse

These are medications used to treat addictions to alcohol.  This is basically going to be a full blown no go for traditional life insurance policies.  You can always consider A D& D (Accidental Death) life insurance or guaranteed issue life insurance which is no health questions asked.  Regardless of if you currently take this medication, options are always available with Good Life Protection.

That’s our Promise to you.


This medication can often be used to treat the recurrence of breast cancer.  Any cancer will typically have a 5-year waiting period before standard rates are available with life insurance companies but overall, taking this medication can make the underwriters a bit suspicious and prompt follow up questions with you.


Xanax can be used to treat many different disorders but overall it causes problems due to the higher risk impairments can cause while taking the medication such as falls or other accident-related deaths.  Also, it can be used to treat severe anxiety or different depression which is always frowned upon by life insurance companies.  The good news?

We can still help and are using to handling these cases, so need to fret. We got your back.


Hydrocodone is a pretty heavy pain medication, and life insurance companies absolutely hate it.  They are going to dig into medical records and look for additional information so they can gain a full understanding of the condition and what’s exactly causing the chronic pain or the need for the medication.

We also have groupings of medications based on very common health conditions that can also pose problems for your life insurance application. If you fall into these categories we recommend you work with someone like Good Life Protection that understands how to navigate these tricky circumstances.  

Here's the top 10.

10 Bad Grouping of Medications for Life Insurance and High-Risk High Life Insurance

Disclaimer- These Medications Could Cost you!

medications with life insurance could cost you.

HIV Medications and Life Insurance

We already touched on one of the primary medications for HIV but any medication in general for treating HIV is going to give you fits applying for life insurance. Some recommended companies you can consider would be American National, Prudential and John Hancock.  They are companies that are willing to underwrite the case.

Be prepared.  It’s going to take some time to underwrite an HIV case.  Sometimes longer than 6 months.  We like any potential client to understand that because sometimes people just give up patience.  It’s always better to know up front and have no surprises arise along the way.

At Good Life Protection we highly recommend trying one of the companies we mentioned first and then if need be investigate purchasing life insurance in the form of accidental death or guaranteed issue life insurance.

Common HIV/aids medications

  •  Abacavir   
  • Enfuvirtide
  • Etravirine
  • Lamivudine
  • Maraviroc
  • Stavudine
  • zidovudine

Mood Disorder Medications Including Schizophrenic Medications, Anxiety/Depression and Life Insurance

These medications will always thicken the plot with the life insurance application process.  Is it doable? Of course.  It all just depends on your individual circumstances.  You need always to be working with a company that is ready and prepared to handle high-risk life insurance applications and pre-existing medical conditions.

It’s really the only way to ensure that you ultimately receive the best options and affordable plans at the end of the journey.  Independent Agencies such as Good Life Protection is an absolute must when you fall into these high-risk categories.  Period. No questions about it. But seriously, if you do have questions feel free to comment below or give us a call. We are more than happy to help.

Common mood disorder medications and life insurance

  • Ativan, brintellix
  • Celexa
  • Cymbalta
  • Effexor
  • Lexapro
  • Paxil
  • Prozax
  • Xanax
  • Valium
  • Vibryd
  • Zoloft
  • Abilify
  • Clozapine
  • Geodon
  • Loxapine
  • Navane
  • Haldol
  • Risperdal
  • Seroquel
  • Thorazine
  • zyprexa

Diabetic Medications

Okay, now this gets a little out of hand because yes, having diabetes does technically place you into high risk life insurance and it is a bad pre-existing medical condition to have.  However, life insurance companies have become much more relaxed in this area. 

Life Insurance Companies such as Banner Life, Phoenix Life Insurance Company and even USAA Life Insurance offer great rates for diabetics.

Here’s a quick way to view how medication is typically broken down or how we like to break them down over here at Good Life Protection. It makes a big difference if the Diabetes is controlled and often this is determined by the life insurance company asking about your recent A1C Level.  It also matters if the medication you are taking is

  • Oral
  • Injected

Besides that, it’s standard questions such as how the treatment is working, how controlled is diabetes and are any other recommendations being ordered by your physician. It’s also very likely that the life insurance company will request medical records taking medications that fall into this category.

Common diabetic medications

  • Metformin
  • Byetta
  • Bydureon
  • Insulin
  • Tanzeim
  • Trulicity
  • Vixtoza
  • Glucophage
  • Glipizide

Painkillers and Muscle Relaxers and High Risk Life Insurance- A Big Red Flag.

Painkillers can be a tough spot when it comes to obtaining life insurance.  Especially when you're looking for the best rates possible.  They can a huge impact on your application, and you need to be methodical about you work with and the life insurance company you ultimately choose. Here are the big problems life insurance companies have with painkillers

Potential for Abuse

  1. Unknown Reasons for Taking the Medications
  2. Potential for Death and Overdose.

You see, life insurance companies are aware that they are on the hook once a life insurance policy in force.  Sometimes this could be for life insurance policies well north of 1,000,000 in coverage.  If they feel a bit squirrely about your medical background of reasons for taking the medications, there is high chance that they are either going to dig deeper into your medical records or flat-out decline your application.

Again, when this happens, it’s advised to lean toward other coverage options such as guaranteed issue life insurance or accidental death life insurance. You can also investigate a life insurance company such as 5 Star Life Insurance Company who has a rare feature compared to other life insurance companies.

They offer coverage without pulling your prescription report which a huge added advantage.  Restrictions do apply, however, so be sure to fill out the form on the right for more information and speak to someone over here at Good Life Protection who can help guide you down the correct path.

Common painkillers and life insurance

  • Perocet
  • Oxycotin
  • Norco
  • Morphine
  • Lortab
  • Hydrocodone
  • Fentanyl
  • Endocet
  • Dilaudid

Muscle Relaxers and High-Risk Life Insurance- Life Insurance with Pre-Existing Medical Conditions

Muscle relaxers could technically be grouped into the same category as painkillers when it comes to how the life insurance company will ultimately underwrite your application and view your overall risk profile.  They can be abused by many individuals and can also cause other impairments.  Especially when operating motor vehicles, so life insurance companies tend to be leery when offering coverage.

You're also likely to pay a higher rate while taking these medications if you are approved at all.

Common muscle relaxer medications

  • Valium
  • Soma
  • Dantrolene
  • Cholorxazone
  • Baclofen

Parkinsons Medications and High Risk Life Insurance

Parkinsons disease can be tough to deal with, and we understand the frustration that it can bring to the life insurance process.  Long story short it’s still considered high risk, and some of the medications taken for the pre-existing medical condition can cause goosebumps for the life insurance companies underwriting team.

Common medications are taken for Parkinson's disease

  • Carbidopa
  • Dopamine
  • MAO-B Inhibitors
  • Anticholinergics

ADHD Medications and Life Insurance

Medications used to treat ADHD are often completely possible to gain decent approvals on a life insurance application.  You can still technically qualify for the best rates depending on the situation. The company will love if the current ADHD is

  1. Stable
  2. Not many medications changed
  3. Stable history using the medications
  4. No hospitalizations due to the condition.

Common medications are taken for ADHD

  • Adderall, Concerta
  • Daytrana
  • Dexedrine
  • Focalin
  • Metadata
  • Methylin
  • Ritalin

Dementia Medications and Life Insurance

Dementia medications can also be a big warning sign to the life insurance companies.  They tend to get a bit put off by dementia and dementia medications, but it’s not absolutely impossible depending what coverages you are willing to look at.

The rapid progression dementia can have on an individual, and the likelihood of other issues such as injury or death is what really causes the life insurance company to be a bit hesitant to offer coverage.

Common medications with dementia

  • Antidepressants
  • Antipsychotic
  • Memantine
  • Rivastigmine
  • Galantamine
  • Donepezil

The Mary Jane- Medical Marijuana and Life Insurance

First, we want to start by saying that life insurance while using medical marijuana is possible.  Companies such as Lincoln Financial among others can offer favorable coverage at favorable pricing depending on the actual circumstances.  It’s essential the underlying reason why you actually need the medical marijuana.  It also matters if

  1. You have other pre-existing medical conditions
  2. How often you use medical marijuana
  3. Are you smoking medical marijuana?
  4. Any Criminal history
  5. Any Other Lifestyle Issues or dangerous activities you engage in?
  6. How long have you been using medical marijuana

Here are some other categories Good Life Protections saw pretty often and wanted to throw into the mix for you as well, just in case you didn’t fall into some of the high risk categories we have discussed and need some additional help navigating the best approach to finding your life insurance at affordable rates.

Other Medications We See Frequently

We all want to stay regular, and we don’t want you paying more for your life insurance unless it’s necessary.  With that being said let’s mention some of the medications we frequently see individuals taking for Digestive systems issues when applying for life insurance.

Medications for The Digestive System

  • Antacids
  • Proton Pump Inhibitors
  • Histamine 2 Blockers
  • Promotility Agents

We all know the importance of protecting our hearts, and this is no different for these individuals.  Yes, it most likely means you have other pre-existing medical conditions or another reason to be deemed high risk for your life insurance but nonetheless, you deserve coverage too, and we are here to help.  Here’s some common medication we help obtain life insurance for individuals taking frequently

Medications for the Cardiovascular System and Life Insurance

  • Statins-
  • Aspirin
  • Clopidogrel
  • Warfarin
  • Beta Blockers
  • ACE Inhibitors

Medications for the central nervous system

Here are the most common medications or forms of medications we see taken for Central Nervous System Disorders

Alzheimer’s Disease Drugs

  • Amphetamines Medications
  • Analgesics Medications
  • Antianxiety Medications
  • Anticonvulsants Medications
  • Antidepressants Medications
  • Anti-Inflammatory Medications
  • Antipsychotics Medications
  • Parkinson’s Medications

Then we have individuals who need life insurance but also need pain pills to deal with chronic pain issues or other injuries.  Here’s a look at the most common pain medications we come across at Good Life Protection.

Here’s a look at some of the common medications we come across when it comes to Endocrine problems and individual wanting to obtain life insurance.

Medications for Endocrine problems

  • Pituitary drugs
  • Thyroid and antithyroid medications
  • Calciotropic vitamins and minerals
  • Androgens
  • Estrogens
  • Adrenal medications

Medications for The Immune System and Life Insurance

  • Corticosteroids
  • Calcineurin Inhibitors
  • mTOR Inhibitors
  • IMDH Inhibitors
  • Biologics
  • Monoclonal Antibodies

If you are reading this blog, my best guess is that you have some underlying medical condition and what to see how much high risk insurance rates really add up to. It has most likely got you a bit skeptical about your chances of obtaining life insurance. Another scenario you may be in is you know you can get coverage, but what will it cost you? All valid questions.

High Risk meter

My first point I would like to make is thinking back to why you wanted the life insurance in the first place. Many consumers, lose sight of the real meaning behind life insurance. You get into conversations with agents and all the sudden the purchasing decision becomes negotiations on ratings and price.

Insiders tip– We have zero control of the rates or price. Even with high risk life covergage rates! No matter how much you believe you are a preferred plus or the price can be swayed lower, it cannot. All we can do is be a helping hand for you and that is why we are here.

Myself or other independent life insurance agency owners do not set these prices. We are only here to help. Good Life Protection wants to give you honest recommendations of your best options of protecting your family.

Actuarial Tables

Actuarial tables are a primary source of information life insurance carriers use to determine what rates they set for life insurance. They are tables or spreadsheets that show the probability of an individual passing away before an upcoming birthday.

Why does this matter? It plays directly into your rates. Insurance carriers do not have actuarial tables for individuals at certain ages.

They have tables from past experiences with medical conditions. These help them predict outcomes. Think of it as a giant pool of data. It is almost like how you found us on google. Yes, we know you googled life insurance with high risk to find our valuable information.

Over time, life insurance carriers have compiled the data from thousands of individuals for certain medical conditions. The experience they have had with each condition decides the favorability of them insuring you. Also, what the rates may be.

This is how they can pay death claims for the loyal policyholders. Without this data gathering and being selective, they would become insolvent. This would result in affecting thousands of policyholders.

Mortality Tables –

Formula Part 2

Life insurance carriers also use mortality tables. They would use these when looking at high risk policies and high-risk individuals. A mortality table seems strikingly close to an actuarial table.

insurance tables and charts

A mortality table breaks down segments of the population. It also analyzes the likelihood of a group of individuals dying at certain age intervals. This is another factor of the equation when it comes to issuing high-risk life insurance policies. They must get comfortable with the statistics to feel warm and fuzzy about offering the high-risk life insurance coverage.

How do High Risk Rates and Ratings Work?

Life insurance ratings work straightforward. You have a total of 12 possible ratings you can achieve. This is not including “flat extra charges” which we will discuss soon. Also, note that the 12 ratings can vary from life insurance carrier to life insurance carrier. Sometimes they use table ratings such as Table 1 and Table 2 all the way up to Table 8. Some use letter abbreviations such as Table A through Table G.

Typically, you will start at a preferred plus. This rating is extremely easy to get knocked out of. You do not only have to be healthy, but the rest of your lifestyle needs to be squeaky clean as well. Preferred plus would not be a class you will fall into for a high-risk life insurance policy. Preferred plus can also be known as, “Super Preferred” or “Preferred Best”.

Disclaimer- Many customer service reps or agents will make you believe you will be a preferred plus. Run for the hills and do not complete that application. You will not get a preferred plus if you are high risk. Plain and simple. Speak to someone knowledgeable and truthful about your situation.

-To achieve this rating, you would need to be…

Within the height and weight guidelines. Let’s first look at this. Here’s an example 

Example Build Chart we use when determining your possible rates for life insurance

life insurance built chart

As you can see, a preferred plus for a male, you need to be at a pretty healthy weight. This is the same for females. You could be deemed high risk from your height and weight ratios on a medical exam. Even being pregnant is a factor when getting you life insurance policy.

These tables cut off at standard ratings which technically is not a high risk policy rate or rating.  You will begin adding table ratings for extra pounds. Each table rating added will typically add 25% to your life insurance policy cost. Once you fall out of the standard weight zones, you are technically considered high risk in the life insurance carriers eyes.

  • Side note for all you bodybuilders out there. Although a healthy figure does help, you could still be deemed high risk if you are too far out of the charts listed above. Speak with an agent for clarification.

During your paramedical exam, you will have measurements taken of your shoulders, chest, and waist. This is where if you are very stocky or built, you still have a chance of achieving excellent rates. This is not always though.

Let’s dig a little deeper into table ratings for high-risk individuals and high-risk life insurance.

In the following example, we are going to run the rates beginning at preferred plus (best rating) all the way to a Table 8 (worst rating). This will allow you to see the difference in the pricing for the life insurance carriers.

The following illustration will be for a male (non-smoker) 30 years old as well as male 30 years old (smoker). We will work our way through the possible high risk insurance plan rates you may achieve.

250,000 30 Year Term Policy (Non-Tobacco)

  • Side Note- Table 2 is a very common rating for type 2 diabetics whose condition is controlled. We will cover this more, later in the article.

After Table 8, unfortunately, the next step is a decline. The tables do not drop down any further than this. The tables we reflected on the high-risk life insurance was also only covering non-tobacco users.

Let’s look at the same tables for someone who likes the nicotine.

250,000.00 30 Year Term Policy ( Tobacco )

As you can see from our demonstration, high-risk life insurance can become costly. Especially, when you add in nicotine use.

Depending on how closely you viewed the images, you will also notice the same life insurance carriers tend to be the top dogs on pricing. **These were taken from the cheapest to the 5th cheapest options across the board.

All these carriers have special niches that they work with when it comes to high risk individuals seeking life insurance. It is important to not chase the cheapest premium because most likely it will cost you later. Let an agent help guide you through the process.

A great example of this would be Protective Life Insurance Company. They are fantastic insuring individuals with heart issues; typically, at a Table 6 rating (high risk life coverage). Yet, when viewing the images, you may be quick to jump to the cheapest option who often will flat out decline you. Life insurance agents are still important in these situations; you should lean on them. At Good Life Protection we have helped thousands of individuals secure high risk life policies. Individuals who have a wide variety of health conditions and high-risk factors.

Now that we understand how table ratings and life insurance ratings work, let’s dive deeper into the high-risk part of life insurance. Many other factors can be used to determine if you are going to be in the market for high risk life plan.

Health Impairments

High risk life coverage begins with your overall health. Health conditions alone can quickly put you into a high-risk life insurance classification. Or it can even possibly be declined for life insurance.

Some conditions will change your ratings and overall ratings more than other conditions. As we discussed before, it is always important for you to look for a life insurance agent that understands the underwriting niches of each carrier. It can make for huge cost savings. Again, life insurance carriers such as Prudential or Protective Life are great with heart conditions. Phoenix Life Insurance and Banner Life/ William Penn are great with type 2 diabetics and substandard life insurance pricing.

According to Lifeline 24- These are the top conditions affecting people over the age of 50.

  • Arthritis
  • Hypertension
  • Heart Disease
  • High Blood Pressure
  • Kidney Transplant
  • Vascular dementia
  • Strokes
  • Heart failure
  • Asthma
  • Blindness
  • Cancer
  • Chronic Bronchitis

These conditions will dramatically change your life insurance rates. These will place you in high risk insurance classes. It is going to be the underwriting process and diligence of your agent that gives you a chance at affordable life insurance rates. Let’s break down an example of some basic underwriting of one of these conditions.

Diabetes- Type 1 and Type 2- A glance at the Underwriting Guidelines

Agent’s, including myself at Good Life Protection, are experts at understanding where to begin the process with underwriting for high risk life policies. In this example, we would start by looking at your medical condition in an advance underwriting engine. This is for type 2 Diabetes. This is going to give us a baseline of where to begin the process with you. These results are linked to all the most reputable companies that Good Life Protection represents.

Type 2 - Single Medication or Diet ControlledType 1 - Diagnosed < 30
Age of Onset 0-17 - Decline
Age at Issue - 18-34 Table 4-6
Age of Onset 18-34 - Table 3-5
Age at Issue - 35-49 Table 3-5
Age of Onset 35-49 - Table 2-4
Age at Issue - 50-65 Table 3-4
Age of Onset 50-65 - Table 1-3
Age at Issue - 66+ - Table 2-4
Age of Onset 66+ - Standard Plus - Table 2
Add 1 Table per 1% of A1c over 7%
Add 1 table per 1% of AIC over 7%
If 2 Medications - Add 1 Table

Terms Included in this example-

Fully Underwritten- Simply means it will need the full process. Good Life Protection always recommends full underwriting for most high-risk life insurance. Certain exceptions do exist however.

For those of you who have shopped life insurance, this is something to why they ask all those invasive questions over the phone. If we do not understand your condition, it is very difficult to help you.

If a life insurance agent does not ask these questions and you have a high-risk concern, Good Life Protection would recommend looking elsewhere. You will be in for quite a surprise on your life insurance rating you were quoted, compared to what you receive. It would be a complete waste of time without proper questioning and transparency with your life insurance agent.

Your options do not end at fully underwritten life insurance policies with high risk life coverage. You may still qualify for non-medical life insurance as well. Let’s look at the same example. An individual with type 1 or type 2 diabetes.

Non Medical
American National - ANICO
Table 3-8
Phoenix Safe Harbor Term

Under Age 30 - Decline

Age 31 and Up; Mild-Moderate, Non-Tobacco; Standard to Table 8

Severe - Table 3 to Decline

As illustrated above, you can see that American National Life Insurance and Phoenix Life Insurance Company will offer life insurance with no medical exam. These can be extremely beneficial life insurance policies to consider. No invasive medical test, fast turnaround, and easy approval processes.

Just because you see something listed as decline in any example we cover, does not always mean you are bound to be declined. Often, other avenues and options exist. If the life insurance agent is aware of the options and you can show some patience in the process, certain options exist. We will cover those options shortly.

More on Medications

Medications can dramatically change your fortune with high risk life coverage. This becomes especially true if you take several medications. It does, however, make a big difference in what the medication is for and how well it is controlled.

Life insurance carriers also like to see “stabilization” with high risk cases. Let’s assume you take medications for blood pressure. If it is controlled and you are not switching medications every six months, you may qualify for standard life insurance rates or better. This would knock you back into the “non-high-risk life insurance bracket”. According to nclexonline.com, these are the top 10 prescribed medication of 2018.

  • Metoprolol- Chest pain and heart attack preventer
  • Atorvastatin- Controls cholesterol
  • Levothyroxine- Treats hyperthyroidism
  • Lisinopril- High blood pressure preventative
  • Omeprazole- Gerd or acid reflex preventative
  • Metformin- Improves blood sugar levels- Type 1 and Type 2 diabetes
  • Amlodipine- high blood pressure
  • Simvastatin- Controls cholesterol
  • Hydrocodone- Pain reliever
  • Losartan- High blood pressure preventative

Since high blood pressure and high cholesterol dominate medication’s prescribed, we can assume it is the most common health concerns we face. Let’s look at a few underwriting examples of how they can place you in high risk insurance classes and table ratings.

American National Life Insurance and Phoenix Life Insurance will be our example carriers for high blood pressure. The illustration is also showing options for getting life insurance without needing a medical exam completed.

Non Medical
American National - ANICO
Phoenix Safe Harbor Term

Good news, right? Standard rates sound like a win. It does, however, get more complicated. Depending on the number of medications needed to control the high blood pressure, it could knock you down into the table ratings we discussed before.

Many life insurance carriers will begin placing you in high risk insurance classes at medication number three. This varies from company to company.

It also makes a big difference if you have a second condition complimenting the first condition.

Example- Let’s say you take two medications for high blood pressure and it is controlled. You also take two medications for type 2 diabetes; most likely you will fall into the high-risk classes.

Occupation and Lifestyle

Yes, it is true. Your job and current lifestyle can also hurt your chances at obtaining life insurance. Unless you are an active duty military member you most likely will not face declines. You also will not face the high-risk rating tables. It is often treated with something known as “flat extra fees”.

Flat Extra Fee’s – An additional amount added to the premium per $1,000.00 of face value.

Since Good Life Protection frequently blogs about dangerous occupations and life insurance, let’s use police officers and firefighters for our example. Let’s say you are a police officer in Chicago. That alone is most likely no issue with the life insurance carrier. This would not place in you a high-risk class or cause a “flat extra” fee. But, let’s say you are also a member of the narcotics team and bust down drug dealer’s door serving felony warrants. This would be a completely different story.

The life insurance carrier would not rate you into a different high-risk class. What they would do, is most likely assess the flat extra fee onto your life insurance policy and monthly premium.

This would be based on an annual amount per $1,000.00 of coverage.

Let’s say you are a 30-year-old male, nonsmoker, seeking $500,000.00 in coverage over 10-year level premium term insurance. Here would be your top three rates from starting with the lowest rates possible across all life insurance carriers.

High Risk life insurance 25
If you were accessed the flat extra charge for the high-risk occupation, your rate could have $2.50 added per $1,000.00 in coverage annually.

Taking your final rating to the following charges.

Other dangerous professions that could increase your monthly premiums for life insurance:a

  • Utility Lineman
  • Farmers and Ranchers
  • Firefighters
  • Roofers
  • Police Officers
  • Astronauts
  • Airplane Mechanics
  • Metal Crafters
  • Search and Rescue
  • Sanitation workers
  • Land mine removers
  • Miners
  • Bush Pilots
  • Deep Sea Fisherman
  • Lumberjacks

If your profession falls into one of these categories, it does not mean you will be a victim of higher life insurance premiums or high-risk life insurance. Some carriers view occupation completely differently than other carriers. Fill out an instant quote form to the right or call Good Life Protection today. Let’s discuss your unique situation and find the best possible rates for life insurance.

Dangerous Hobbies that can Impact your Life Insurance Rates

Dangerous hobbies can also place you in high risk life insurance. It is again going to be in the form of “flat extra fee’s” that we discussed before.

You will not face any different ratings or be assessed a high-risk table rating. You will most likely be assessed the “flat extra charge”. And lastly, you may even be completely declined for the life insurance altogether. Some common examples of these “hobbies” would be the following.

  • Drag Racing
  • Skydiving
  • Hang Gliding
  • Rock Climbing
  • Base Jumping
  • Pilot or student pilot * Becoming much more acceptable by life insurance carriers
  • Scuba Diving

The illustration we created earlier for the $2.50 flat extra charge, is the way most of these carriers would treat these risks. They could also add exclusions to the policy. Basically, you would be covered for all forms of death except the specific exclusion. If you are a frequent skydiver, you may be covered for all forms of death. But, the policy can state that in the event of death due to skydiving, your policy will not pay the death claim.

Work closely with your agent to ensure that you understand all the fine print of the life insurance policy. If you absolutely need the coverage for such exclusions, work with your agent to see what the best offers may be for your unique situation. High risk life insurance is simply as it states. It is high risk. Not impossible. Just high risk.

Criminal History

Criminal history can show the life insurance company many things. First, it can indicate very risky behavior or dangerous behavior such as excessive drinking or drug abuse that can lead to other potential problems such as drug overdose.

Your criminal history is most likely not going to assess you “flat extra charges” or place you in a high-risk life insurance bracket. It is going to cause a life insurance carrier to decline you all together. Most carriers will want to see no felonies for 10 years, but some exceptions do exist. Carriers are also very strict on driving or “Motor Vehicle Reports”. If you have many driving under the influence of alcohol or drugs, you may not be able to get some coverage for quite some time.

A good alternative for coverage if you fall happen to have a bad driving record would be, 5 Star Life Insurance.

5 Star Life Insurance Company Logo

5 Star Life Insurance Company will not pull your motor vehicle report. The only catch is that you cannot be declined for life insurance before applying with them. This is where working with an independent agent helps greatly. If you apply with a carrier first, get declined, and then attempt to pivot to 5 Star Life Insurance, it will also be declined. Make sure you know your options before submitting applications blindly.

Financial History and Credit

Your financial background will also play a large role in your chances of obtaining life insurance. Bankruptcies is one of the biggest items that life insurance carriers will look at. Bankruptcies come in a few shapes and sizes and it does make a difference which bracket you fall into.

Chapter 7- This is the simplest form of bankruptcy. Your debts are virtually eliminated. A trustee will determine which parts of your property to sell to distribute to your collectors.

Chapter 11- This primarily pertains to businesses. You will most likely merge your debts and find a method to provide recovery and debt repayment.

Chapter 13- This version of bankruptcy, you get to keep your property. Yet, you will most likely sacrifice future earnings on a repayment plan to pay your creditors back.

Current Status of Discharge Dates and Bankruptcy

Discharge Dates

Life insurance carriers will want to know when and if your bankruptcy has been discharged. This can make a big difference of how the life insurance carriers will proceed with offering coverage to you. If your bankruptcy has been discharged and you are financially getting your feet back under you, you have a strong chance of not having large repercussions. Also, a strong chance of not being placed under high risk life insurance.

Postponing your application

You should always speak to an independent agent with cases of bankruptcy and life insurance. Often, he or she may be able to advise you to postpone your application. Other times, you may be perfectly fine to put your application in and get coverage immediately. At Good Life Protection, we work with bankruptcy often. Life insurance carriers do exist that will not consider it high risk.

A few good carriers to consider would be:

  • Foresters Financial- Most Lenient Non-Medical Life Insurance Carrier with bankruptcy
  • Lincoln Financial- Most Lenient with Chapter 7 Bankruptcy and often, no need to delay application.

So, now that you know what might make you be placed into high-risk life insurance, what can Good Life Protection do to help you through the process?

Knowledgeable Experienced Life Insurance Agents

We are not trying to beat a dead horse with this advice. It is however paramount to your chances at life insurance at premiums you can afford. You need to have life insurance agents who know what they are doing. Agent’s that have a large basket of life insurance carriers to work with. Not just any life insurance carriers, but the top life insurance carriers. They need to be experienced with asking the difficult questions and making sure you cover all basis.

The agents also need to be willing to go above and beyond to place life insurance in force for you and your family. Tricks of the trade exist that make high risk life insurance more manageable and easier to place.

Quick Quoting

Quick quoting can be a very powerful tool for independent life insurance agents and independent agencies. I personally represent over 40 life insurance carriers. Sometimes, medical conditions arise that I am not all too familiar with.

Sure, we see a lot of the same medical conditions daily but every other day something new arises. Surprisingly enough, the life insurance carriers are already on top of it. They are aware of medical conditions in today’s population. They most likely have tentative rates and rough guesses at outcomes of a life insurance application.

What is quick quoting?

Let’s say you call me and have several medical conditions or a medical condition I am not familiar with. Or, let’s say I am not sure how the life insurance carriers will underwrite it or rate you. I would simply reach out to all the life insurance carriers I represent and present the facts. I would shop the entire market for you all in a day’s work. A live underwriter will field the request and examine the facts. Also, get back to us with a good guess of where we could land, or how high risk of life insurance we are looking at.

This a huge benefit to the consumer. Would you rather call 40 carriers and speak to 40 agents who are going to push you buy a policy at a risk class you are not? I think it is a better avenue to present the case one time to one agent with the carriers at his or her disposal and allow him to do the work for you. It is our job and we take pride in helping.

Cover Letters- Easy way to lower high risk coverage rates.

Cover letters are a bit more advanced than quick quoting and come second in the process for a high-risk life insurance case. Once the agent and client agree on a carrier, we are going to apply. However, underwriters are a bit like police detectives. The more information you deliver early on, the happier they are. Surprisingly enough, the more it can help your life insurance rates. Let’s say you had a bankruptcy on your financial background.

We find a life insurance carrier that will accept this risk. Instead of submitting the life insurance application and answering the question “yes” to prior bankruptcies, we explain the circumstances. I have personally written hundreds of cover letters for individuals to help provide them with better life insurance rates or push them into better risk classes for coverage. It details the information in depth for the underwriter and allows the agent to “dress things up” a bit.

A life insurance underwriter can only go off the information in front of them. The more the better. Especially, if it is information that explains things or makes a negative situation look more positive.

Shopping your Life Insurance Case for the Best Possible Rates

What do we mean shopping your case? Well, it’s exactly how it sounds.  We are going to get your approval back or sometimes it may be a declined application.  Following the approval/decline we are going to send it off to the same companies literally we sent the cover letter and quick quotes to and see if we can obtain a better offer and price.

No need to thank us.  Your welcome. It’s the benefit of working with a Life Insurance Agency with access to over 60 life insurance companies that all have unique underwriting niches and ways to help you with your desire to purchase life insurance even while being deemed high risk or having pre-existing medical conditions.side form.

Guaranteed Issue Life Insurance- The last resort?

What’s is guaranteed issue life insurance?  Well, in short, it’s a form of life insurance that isn’t going to dig into your health history or your pre-existing conditions. 

In exchange for this luxury, you are going to have a 2-year waiting period where you will only get your money back plus 10% interest earned.  After the 2 years has passed.  You will get the full death benefit that you purchased on day 1.

If you need to learn more about some basic terminology with life insurance or the kinds of life insurance you can purchase, you can visit our life insurance for dummies area.  No, we don’t think you dumb, we just thought it was a clever, catchy name to put all general questions about life insurance in for you to view.


We wanted to give you an extremely in depth guide to understanding high risk life insurance rates.  We hope we did just that.  

Good Life Protection understands high risk life insurance and we want to help. Many different items and different criteria can bump you into high risk life insurance. It is important to understand that you do have options.

You see…

The premiums can be cheaper than you might think and you will not always be declined. Most importantly, do not be afraid to explain your situations to a licensed agent. Above all, work with top rated life insurance carriers and shop the open market OR allow an agent to do so for you. We would love to hear from you.  Drop a comment below or get your free high risk life insurance rates on the right

Josh Martin and family of Good Life Protection

Josh Martin is the founder of Good Life Protection. He began his career as a captive Agent working for New York Life Insurance Company. After continued education and designations, Josh founded Good Life Protection to provide consumers with more options and insurance that truly fits into your budget and health classification.