Hippo is retrieving information so you can complete the process. It will be worth the wait.
High Risk Life Insurance covers those who are at a higher risk of death. Life Insurance is paid out on death, and the more likely you are to pass away, the higher risk you are, making the policy more expensive.
How do companies determine whether you are high risk?
Insurance companies will ask a variety of detailed questions when you apply for Life Insurance to determine whether you classify as high risk. They will look at whether you are currently suffering from any life-threatening illnesses such as cancer, what lifestyle choices you’re making such as whether you smoke or not and if you’re overweight, what type of career you have and if your job is categorised as dangerous, and lastly what type of activities you engage in such as high-risk outdoor sports.
What to do if you think you may be classified as high risk
Before you start shopping around for Life Insurance, start thinking about the ways you can cut your costs before you apply. By minimising the risks associated to you, you’ll begin to reduce your potential costs. If you’re overweight for example, you can start to live a healthier lifestyle by eating healthily and exercising. Once you’ve minimised as much risk as possible, compare prices to find the best policy for you. Once you have chosen a policy, the best way to start the process is by being as honest as possible with your insurer. Give full and honest answers, minimising the risk of an invalid policy.