In Canada an average of 6 million adults have been diagnosed with high blood pressure. Those applying for life insurance who have high blood pressure generally qualify for life insurance, but this really depends on how well the High Blood Pressure is under control. Depending on the life insurance companies guidelines those with High Blood Pressure have a very good chance of getting approved at the standard health rates.
What do Life Insurance Underwriter Look For ?
Life Insurance Underwriters will usually look at age, family history, other medical issues that are associated to the high blood pressure, and frequent changes in the dosage of medication.
Strategy to get the Cheapest Rates for those with High Blood Pressure
If the High Blood Pressure is very high or there are other related health issues, the applicants may be rated or declined. A rated policy simply means that the applicant would have to pay an extra premium above the standard rate. But a declined policy means that they would be disqualified from getting approved for life insurance. Getting declined does not mean every insurance company will do the same, so sometimes its worthwhile to apply to several companies simultaneously or to consider a non medical insurance even before applying as it can sometimes be the safety net that protects the applicant for an outright decline. The rates for non medical insurance are higher then traditional life insurance but the likeliness of approval are very close to guaranteed as there are only 10-12 questions asked.
