If you’re worried about being denied life insurance for having high cholesterol, we can help.
There are many top-rated companies, such as Lincoln Financial, that offer affordable policies to those with the condition.
Here we’ll cover their requirements, how they view high cholesterol and answer these common questions:
- How does high cholesterol affect insurance rates?
- What is considered high cholesterol for life insurance companies?
- How can I get life insurance if I have high cholesterol?
How Lincoln Financial Underwriters View Cholesterol Levels
All life insurance companies are in the business of judging risk and Lincoln Financial is no different.
Before they will sell you a policy and determine the cost of your premiums, they’ll perform a risk assessment. This assessment measures your risk of death against their profitability and other economic forecasts.
Specifically, they’ll take a careful look at your cholesterol levels and overall health, including:
- Total Cholesterol
- Total Cholesterol to HDL Ratio
During the application process, they may or may not require you to have a health exam. If your current cholesterol levels meet their Preferred Plus thresholds, it may be in your best interest to go ahead and undergo a physical to receive the best rates. In some situations, they may not require a health exam in exchange for rates that are higher than preferred.
If you meet the following thresholds, your cholesterol levels will not affect the rate you will pay:
|Total Cholesterol||Less than 200 mg/dl|
|LDL||Less than 100 mg/dl|
|Total Cholesterol to HDL ratio||Less than 3.5|
|Triglycerides||Less than 150 mg/dl|
After an underwriter reviews your health status, they’ll assign you to a health class. This class will determine how much you’ll pay for insurance. These rates are calculated using a formula that includes your cholesterol levels, age, and other medical conditions.
To qualify for their best rates, you must meet these guidelines:
Total Cholesterol to HDL ratio less than 5.0
Total Cholesterol to HDL ratio less than 5.5
Total Cholesterol to HDL ratio less than 6.0
Total Cholesterol to HDL ratio less than 7.0
About Hyperlipidemia (High Cholesterol)
As you can see, Lincoln Financial allows the use of cholesterol controlling medications in all rate classes. This is great news since nearly 30% of American adults over the age of forty report using statins.
High cholesterol, also known as hyperlipidemia and hypercholesterolemia, is a very common medical condition with more than three million cases diagnosed per year, according to the Mayo Clinic. People of all ages are at risk but as you age, your risk increases.
Additional factors that contribute to high cholesterol include gender, family history, lifestyle choices, Type 2 Diabetes, and certain genetic conditions.
Since high cholesterol has no symptoms, it must be diagnosed by a physician. As a major contributor to heart attack and stroke, it’s easy to see why Lincoln Financial is so interested in your cholesterol levels.
In the United States, approximately 2,150 Americans die from heart disease and stroke each day. So, a basic understanding what high cholesterol is and how to prevent it is important.
What is Cholesterol?
Cholesterol is a type of fat, also known as lipids, found in the blood. The body uses cholesterol to build cells, provide energy, regulate hormones, and more. Your body produces about 80% of the cholesterol it needs and the remaining 20% is derived from the foods you eat.
As bad cholesterol (LDL) travels through the blood, it can build up on artery walls causing atherosclerosis or narrowing. This narrowing decreases blood flow and increases the risk of heart attack and stroke. It can also lead to blood clots and inflammation.
Good cholesterol (HDL) travels through the body, picks up excess cholesterol, and returns it to your liver so the body can process it. Normal total cholesterol to HDL ratios is key to preventing disease.
Just as a diet of processed foods high in trans fats can contribute to high cholesterol, there are foods that can help lower it. According to Harvard Medical School, eating these foods can help reduce your levels:
- Whole grains
- Vegetable oils
- Fatty fish
These simple lifestyle changes can also help:
- Exercise 30 minutes a day
- Quit smoking
- Lose weight
- Limit alcohol intake
About the Company – Lincoln Financial
Now that you know how Lincoln Financial views high cholesterol, do you think they are the right fit for you?
Lincoln Financial Group was established in 1905, with the goal to build a life insurance company based on dependability, honesty, and service. They are a subsidiary of Lincoln Financial Group and headquartered in Radnor, Pennsylvania. Their life insurance products include:
- Term Life
- Variable Life
- Universal Life
As a Fortune 500 company, they ranked 207 out of 500. Their New York Stock Exchange symbol is LNC. They are also ranked 220 out of 500 by Barron’s Financial Magazine.
They are financially strong and expected to be able to pay out on future claims. Independent rating agencies rate them at:
A.M. Best – A+ Superior
Moody’s Investor Service – A1 (Fifth Highest of 21 Ratings)
Standard & Poor’s (S&P) – AA- (Fourth Highest Rating)
How to Find Low Life Insurance Rates If You Have High Cholesterol
When you have a health condition, such as high cholesterol, knowing where to apply for life insurance is important. We stay on top of the varying underwriting guidelines to ensure that you apply to the right company to reduce the risk of denial always pay the lowest possible premiums.
It’s our job to understand your needs and find you the right coverage for the best rates. We’ll listen to you, answer your questions, and then shop around 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 Lincoln Financial underwriting guidelines at this time. Guidelines are subject to change at any time. We are not an employee of Lincoln Financial 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.