Looking for life insurance in Edmonton? If so, you may want to make some improvements to your health. The healthier you are, the better your rate will be. In fact, you can save tens of thousands of dollars on insurance over a lifetime just by looking after your health. Insurance underwriters typically examine medical records, family history and the results of a medical exam to determine your level of health, and thereby determine your rate.
Here are a few ways you can be at your healthiest when it comes time for your assessment:
- Lose weight
Being overweight or obese can lead to much higher life insurance rates. But losing just 10 to 20 pounds can make a big difference to your life expectancy. While losing weight is hard, if you can shed a few pounds before your medical assessment, it will be well worth it for the savings you gain, not to mention the difference it can make to your overall well-being and lifestyle.
- Quit smoking
Smokers’ rates for life insurance are extremely expensive in comparison to rates for non-smokers. You can literally shave off half the price on your life insurance by giving up your habit. However, if you’re given a smoker’s rate after your medical exam, you may wish to inquire about the policy for rate reconsideration after cessation of smoking. Many providers insist upon a full two years of non-smoking before they’ll reduce your rate, but working with MBS Insurance Brokers in Edmonton can help you find the best deal available.
- Take your prescribed medications
Have high blood pressure or high cholesterol? If so, you’re likely on medication to control the condition. Thankfully, these drugs are very effective and potentially life-saving. The only caveat is that you have to take them exactly as prescribed in order for them to work. Be rigorous about taking your meds prior to your medical assessment and your blood work will undoubtedly reflect that your medical condition is being actively managed, which is precisely what underwriters need to see in order to give you a better rate on life insurance.
- Get active and exercise
As you’ve undoubtedly heard before, regular exercise positively impacts your health in a number of ways. Not only can a regimen involving cardio and weight training help you manage your weight, but it can also help you control blood sugar levels, blood pressure, cholesterol and stress. According to the CSEP, Canadians should aim for a minimum goal of 150 minutes (2.5 hours) of physical activity per week.
Getting adequate sleep—for most adults the ideal amount is somewhere between seven to nine hours a night—is an important aspect of maintaining your health. Among other things, it’s a great way of reducing stress, which in turn can help you control your weight and blood pressure.
Find the Best Insurance Rates in Edmonton
Regardless of how healthy you are, MBS Insurance Brokers is committed to helping you find the right life insurance for your needs. Our insurance brokers have ties with numerous providers in Edmonton, guaranteeing we’ll always be able to procure you the most competitive plan and rate possible. Contact us today to find out more about what we can do for you.