Banner Underwriting – Cholesterol Levels

Ty Stewart - Founder - Written by Ty Stewart - Last Updated March 9, 2019

If you have high cholesterol, you may have heard that it’s difficult to purchase life insurance.

While it’s true that insurers will take a careful look at an applicant’s health status, it’s possible to purchase affordable life insurance from a top-rated company, such as Banner Life Insurance Company.

Before we get to how you can qualify to purchase insurance from Banner Life if you have high cholesterol, let’s examine how they view this health condition and establish their rates.

How Banner Will Look at Cholesterol Levels

All life insurance companies are in the business of judging risk and predicting death.  Since high cholesterol can increase your risk of heart attack and stroke, Banner Life is very concerned aboutBanner Life Insurance Company your overall health and will pay close attention to your cholesterol levels.

Specifically, they will look at your:

  • HDL
  • LDL
  • Total Cholesterol
  • Triglycerides
  • Total Cholesterol to HDL Ratio

Typically, if you meet the following thresholds, it will not affect the rate you pay:

Total CholesterolLess than 200 mg/dl
LDLLess than 100 mg/dl
HDLOver 40
Total Cholesterol to HDL ratioLess than 3.5
TriglyceridesLess than 150 mg/dl

When they receive your application, they may or may not require you to have a health exam.  To receive the lowest rates, it may help to have a current health exam so they have your latest cholesterol levels.  Under certain circumstances, they may not require a health exam in exchange for rates that are a bit higher.

After determining your health status, the underwriter will assign you to a health class, which will establish your rates.  They determine the health class using a formula that includes your cholesterol levels, age, and any other medical conditions you may have.

At Banner Life Insurance you may qualify for their top health classes and receive the lowest rates if your cholesterol levels meet these guidelines:

Preferred Plus

Total Cholesterol less than 300

Total Cholesterol to HDL ratio less than 4.5

Medication OK


Total Cholesterol less than 300

Total Cholesterol to HDL ratio less than 5.5

Medication OK

Standard Plus

Total Cholesterol less than 300

Total Cholesterol to HDL ratio less than 6.5

Medication OK


Total Cholesterol less than 300

Total Cholesterol to HDL ratio less than 8.0

Medication OK

As you can see, Banner allows the use medications in all rate classes.  This is great news for those whose numbers are controlled by medication.

Compare cholesterol levels from top insurance companies

About High Cholesterol

According to the Centers for Disease Control, nearly 37% of adults in the United States have cholesterol levels that fall in the range where medical experts recommend cholesterol-lowering medication.  However, only about half the people who need statins are taking them.

Statins help reduce cholesterol in the blood and helps prevent atherosclerosis, the buildup of fatty deposits that can clog arteries and lead to heart attack or stroke.

Atherosclerosis is made up of cholesterol and fatty substances in the blood.  Higher than normal numbers are dangerous because they can accumulate on the inside of artery walls and reduce blood flow and oxygen to cells.

This condition is a result of high cholesterol and can lead to angina, coronary heart disease, and kidney disease.  Since heart disease is a leading cause of death in the United States, it’s easy to understand why life insurance companies are so concerned about cholesterol levels.

The major contributors to high cholesterol are unhealthy lifestyle choices, such as:

  • Poor diet
  • Lack of exercise
  • Smoking
  • Excess weight

While some genetic conditions can cause high cholesterol, for the most part, you can reduce cholesterol if you:

  • Switch to a healthy diet
  • Eat less trans fats
  • Increase heart-healthy fats
  • Eat more omega-3 fatty acids
  • Increase fiber
  • Quit smoking
  • Increase exercise
  • Take medication as prescribed

So now that you know that Banner Life will allow you to use statins and what their thresholds are, next we’ll cover some company information.

About Banner Life Insurance Company

Banner Life Insurance Company is part of Legal and General America, which was founded in 1836.  They specialize in providing life insurance to customers in the United States.  If you live in New York, their policies are issued through William Penn Life Insurance Company of New York.

They are the seventh largest life insurance company in the world and sell their policies through independent brokers.

Rated financially strong by premier insurance rating companies, you can feel confident that future death claims will be paid.

They have an A+ rating for financial strength and operating performance from A.M. Best, who only issues that top tier rating to companies with a financially solid balance sheet.

They also enjoy top ratings from the following insurer rating agencies:

  • Very Strong-Standard and Poors
  • Very Strong-Fitch Ratings

Their life insurance products include:

  • Term Life Insurance
  • Universal Life Insurance
  • Guaranteed Universal Life, up to $50,000

How to Find the Lowest Premiums with High Cholesterol

When you have high cholesterol, the secret to finding the best rate is to know where to apply.  While Banner Life is a great option, are they the right choice for you?

We can help you decide.

When you have health conditions, such as high cholesterol, it’s imperative to know where to apply. The lowest quote is not always the best choice or fit your situation.  We clarify your options to make sure you get exactly what you want.

We stay on top of underwriting guidelines and the strengths and weaknesses of the ever-changing life insurance industry.  We’ll listen to your needs, answer your questions, and then shop around to 50+ top-rated carriers to find the best fit for your unique situation.

There is no cost or obligation for you to use our expertise. If you’re ready to get started, please fill out the quote form on the site and we’ll be in touch soon.

The opinions in this article are based on our knowledge of the Banner Life Insurance underwriting guidelines at this time. Guidelines are subject to change at any time. We are not an employee of Banner Life Insurance but rather an independent agent contracted to work with them as well as 50+ other carriers. Our business is placing clients with the right company.


About Ty Stewart
Avatar for Ty Stewart
Ty Stewart is the founder of He is an independent life insurance agent that works for his clients nationwide to secure affordable coverage while making the process simple. There is never any cost to use his services.

Posted in Cholesterol, Pre-Existing Conditions