fbpx

Overweight
Life Insurance

Facts about overweight life insurance

Are you classified as clinically overweight or obese? Or maybe you experience conditions linked to obesity such as type 2 diabetes, high cholesterol or high blood pressure? If so, you may be struggling to obtain general life insurance cover.

That is where our overweight life insurance policies step in. Here at Iam Insured, we work alongside top UK life insurers who offer appropriate protection to help you insure the things you care about, through affordable overweight life insurance policies.

Whether you are looking for a general overweight life insurance policy, or a specific level of protection such as income protection, critical illness cover, or travel insurance, we can source cover for you. Contact our team today!

How much does overweight life insurance cost?

When applying for overweight life insurance, several factors will influence the cost of your cover. One key factor which most insurance providers will require is your height to weight ratios, professionally known as your BMI. Most providers will allow a BMI score of around 33-36 to receive standard terms, however, those with a high BMI score will experience higher premiums when applying for overweight life insurance.

Your age can also have an influence on your premium outcome. Insurers usually allow a higher BMI the older the individual is. However, this will differentiate depending on your provider – we advise a thorough check through their terms and conditions for overweight life insurance.

Your premiums for overweight life insurance will depend on:

  • Your current health, BMI ratio and age.
  • The type of insurance product you’re looking for – (Income protection, critical illness cover, travel insurance).
  • The term of your overweight life insurance policy.
  • Your current health, BMI ratio and age.
  • The type of insurance product you’re looking for – (Income protection, critical illness cover, travel insurance).
  • The term of your overweight life insurance policy.

Percentage (%) loading for overweight life insurance

When you apply for overweight life insurance, your insurer will provide an analysis of the above factors to calculate a percentage loading figure. Percentage loading is where a percentage will be added onto your premiums, based on the above factors. Be aware that premiums can differ from insurance providers when applying for overweight life insurance. Additionally, BMI ratios and age will be taking into consideration differently depending on your providers underwriting guidelines.

Basic premium
% loading
Final premium
£20.00 50% £30.00
£20.00 100% £40.00
£20.00 150% £50.00
£20.00 200% £60.00
£20.00 250% £70.00

Per mille loadings for overweight life insurance

Along with percentage loading, your insurance provider may apply ‘per mille loading’ when applying for overweight life insurance. A ‘per mille loading’ is an additional amount added to your premiums which is calculated based on the amount of cover you apply for (e.g. £2 per thousand £’s of cover). This is usually the outcome when applying for severe conditions, such as cancer. However, depending on your insurer, this may be an outcome when applying for overweight life insurance.

If you are overweight and experience related symptoms/conditions, ensure you have suitable travel insurance to protect you through your journey. A travel insurance policy appropriate for those with pre-existing medical conditions may be recommended.  

Here at Iam Insured, we are expert insurance brokers who work with the UK’s top life insurance providers. We can find you the most suitable insurance policy, whether that be a generic overweight life insurance policy, critical illness cover, income protection or travel insurance – All at affordable prices.
We understand that having support through difficult times is a must, and that is why we are passionate about pairing you with the best insurance products out there.  

Contact our team today to progress your policy, or if you’d like to discuss our overweight life insurance policy, critical illness cover, income protection or travel insurance policies further.

When applying for income protection cover, similar underwriting guidelines to critical illness cover are followed by insurance providers. Depending on your current health and BMI score, your likelihood to obtain income protection cover can vary, along with the amount of additional premiums added onto your rate. If you have a high BMI and struggle to obtain income protection cover, contact our team today to run through alternative products. 01244 732 890

Here are factors you should consider if you are eligible for income protection cover:

  • Monthly income (after tax)
  • Mortgage/rent payments
  • Debts (other)
  • Cost of living

When applying for critical illness cover, overweight individuals may experience an increase of premiums. The higher your BMI, the higher your premiums will rise. You will usually find that insurance providers will offer critical illness cover at a standard rate for individuals with a BMI score under 33, however this will vary depending on your selected provider. Factors you should consider when applying for critical illness cover:

  • Income (after Tax)
  • Mortgage payments (annual)
  • Cost of living (annual)
  • Any other possible costs (e.g. medical treatment or adaptations)

To discuss your premiums, contact our team today!

When applying for overweight life insurance, insurers will take your height to weight ratio into consideration. If your score sits above the obesity spectrum, your premiums will increase. Here are some factors you should consider prior to applying for overweight life insurance:

  • Mortgage amount (£’s)
  • Outstanding debt (e.g. Loans, second charge, credit cards and other)
  • Dependents
  • Spouse or Partner
  • Income (after Tax)
  • Assets (e.g. car, house, business etc.)

If you would like to progress your overweight life insurance policy, contact our expert team on 01244 732 890 or to gain your own calculation, see our Iam Insured life insurance calculator here [LINK].

Along with the increase of premiums, when applying for overweight life insurance, critical illness cover, income protection or travel insurance you may experience ‘exclusions’. Exclusions are conditions which may be linked/caused by having a higher BMI score. These conditions may be excluded from your policy, depending on your case.
To discuss exclusions further or to kickstart your application for overweight life insurance, critical illness cover, income protection or travel insurance, contact our team.

When considering the amount of overweight life insurance cover you will need, there are a few factors which can guide you. These factors include your current health, along with any obesity related health conditions. Along with your health and budget, there are additional ways to gauge how much overweight life insurance, critical illness cover, income protection or travel insurance you may need. View our breakdown below: