Can I get life insurance if I am overweight?

I have two young children and want to get life insurance in place to ensure that they are ok should I die. Where I am quite overweight I am worried I may not be able to get cover, will this be the case?

Question asked by Joe Murphy
Compare Top 10 UK
 Protection
Insurers
 
Takes approx. 60 seconds
Type of Policy
Level of Cover
Date of Birth

Answered by Andrew Jenkinson

As with any personal insurance your current health can have an impact on the life insurance terms a provider will offer. Being overweight is a factor the insurers do consider and they measure this by your BMI (Body Mass Index).

What is Body Mass Index and how is it calculated?

Your Body Mass Index is your weight (in kilograms) over your height squared (in centimeters) which is then categorised in bandings. The most commons are as follows:

Underweight = <18.5
Normal weight = 18.5–24.9
Overweight = 25–29.9
Obesity = BMI of 30 or greater

Insurers take your BMI seriously as being overweight or obese can pose a real risk to your cardiovascular system. Being overweight also increases the risk of other serious illnesses such as diabetes which can also reduce your life expectancy.

If you have other health conditions in addition to being overweight such as high cholesterol or high blood pressure then it can make it more difficult to obtain cover and it is best speaking to a financial adviser such as ourselves who know the market and the insurers underwriting practices to ensure you obtain the most favourable terms.

Cost of life insurance if you are overweight…

Life Insurance providers very rarely exclude conditions, tending to either decline cover or put a loading on your monthly premium to account for the extra risk.

If your BMI is north of 30 but less than 33 you can expect to pay an extra 25% on top of the standard premium. For example if the standard premium was £10 per month you could expect to pay £12.50 per month.

If you’re BMI is above 33 many insurers are still able to offer terms however the higher your BMI the larger the increase in your monthly premium.

How to reduce your life insurance premiums

The single best way to reduce your life insurance premiums if you have a high BMI is by looking at ways you can reduce this. Most insurers are willing to review terms during the life of the policy if you can show you are in better shape than when you took out the policy.

Changing your lifestyle
If your weight is due to your lifestyle then by making proactive changes to eat healthier, exercise and stop smoking can all help to reduce your BMI and in turn reduce your life insurance premiums.

Including critical illness cover

Many people choose to take out critical illness insurance at the same time they set-up their life cover, where the risk of a claim occurring is far higher for serious a illness the providers tend to be more strict when it comes to offering terms and the premiums tend to escalate quite quickly.

Need help?

If you want to ensure you get the most competitive terms please do not hesitate to call us on 0208 432 733 or email help@drewberry.co.uk.

We are independent insurance experts who work with the underwriters at all the main insurers all day everyday. Through experience we know which insurers are most likely to offer the best terms and the type of information they need to make the most competitive offer.

We will do all the hard work for you to ensure you obtain the most suitable cover given your circumstances.

 

life insurance overweight
 
BMI
 
non-standard terms
 
This information does not constitute financial or other professional advice. You should consult your professional adviser or contact us directly on 02084327333 should you require financial advice. It is important to ensure any insurance policy you take out is suitable for your needs.
Compare Top 10 UK Insurers
  Takes approx. 60 seconds
 - 
Need help? 
Call us on 

Frequently Asked Life Insurance Questions

 
I was planning on taking out life insurance for my kids and came across Family Income Benefit, I wanted...
 
I’ve recently been declined Life Insurance due to a previous medical issue, it’s something...
 
I want to get Life Insurance but can’t find out any information about whether past medical conditions...
 
I’ve recently suffered a stroke and it’s made me think about taking out a life insurance...
Need Help? Live chat now and get an instant answer from our Experts...

Neil
Pensions

Victoria
Insurance
Our Latest Reviews
Kevin Paul
05/09/2017

Excellent service renewing our medical insurance, professional advice, good rates found and excellent professional after service, highly recommended.

Max Edgar
09/09/2017

Nadeem was brilliant. He was very patient and worked very well with me to come up with the best solution possible for my budget. Perfect solution. Thank you very much.

Aidan Smyth
11/09/2017

Dealt with me promptly and provided me with the most cost-effective option consistent with my requirements. Very pleased and thank you.

We are rated 4.9/5 based on 1129 independent client reviews.
To read more of our independent client reviews click here →
REVIEWS
EXCELLENT
4.93 / 5 Average
1,222 Reviews
A
Overall Rating
Really, really helpful! Stopped me from signing up with an unhelpful company, and did basically all of the legwork for me in signing up with the right one. I can't have been the most helpful client as I'm 19 and only just started looking into it last week, but he took all the questions in stride! Put up with me turning to ask my dad questions every 2 minutes as well. I was helped by 2 workers; Sam and Nick. Thank you very much to both!
L Finch
Overall Rating
Good communication and follow ups. Friendly. A thorough research for my insurance needs.
M
Overall Rating

Sam Barr-Worsfold was very helpful and provided excellent customer service. Sam discovered I was paying too much premium for my current cover. Sam recommended and helped moved to a new cover with lower premium that provided the level of cover (terms required stated in the provider's policy) I wanted. I recommend highly recommend Sam and Drewberry Insurance. Thank you Sam.
Anonymous
Overall Rating
Thorough, knowledgeable and great communication
Anonymous
Overall Rating
Went through each policy in detail and made sure I was getting the correct one for me