High HDL

[CAnew]

Dear All,

I am new to this forum and to buying life insurance. Many thanks in advance for any advice or links you can provide.

I am a very healthy 34 year old male who is looking to buy a 25 year term life insurance policy. I chose a company based on preferred plus rates and underwent the blood and urine test. I received the results and all looked great.

When I received the policy, I had been classified as "Standard non tobacco" and the premiums were twice those I had been quoted. The only justification I have been given are that my HDL of 79 is too high: "Approved Standard No Tobacco based on HDL results (HDL 79)". My LDL was 87. My doctor has informed me that this cholesterol reading is excellent. So, I am very confused.

I am wondering whether this is just due to the specific underwriter and agent I am working with or if an HDL reading of 79 is likely to pose a problem with all companies.

Many thanks for your advice.

 

[VolAgent]

Just curious.

By the sound of things, you didn't use an agent when you applied. Now that you have hit a roadblock, you want an agent to help you out. Are you going to use the agent who helps you when you apply again?

 

[CAnew]

Dear VolAgent,

I am looking for information about the role of high HDL in insurance underwriting. I thought this might be a topic of general interest.

Is it typical that posters must commit to whatever agent provides information on this forum?

 

[GreenSky]

Dear VolAgent,

I am looking for information about the role of high HDL in insurance underwriting. I thought this might be a topic of general interest.

Is it typical that posters must commit to whatever agent provides information on this forum?

Since there is no change in the price of your coverage, you are taking advantage of an agent without giving an agent the ability to earn a living.

Good luck with your insurance needs.

Rick

 

[VolAgent]

Of course not.

But it appears you called up whatever company posted low rates on the internet versus working with an agent.

Now you didn't get the result you wanted. Ask yourself this, why should an agent spend time helping you so you can again go buy direct from a company versus spending the time helping people who do business with them?

If I misread your post and you did indeed work with an independent agent versus calling the company direct, you have my apologizes.

 

[CAnew]

Dear Rick,
I do not understand your first sentence. I am fine with agents not responding to me if they are only concerned with getting my business and do not believe that they are capable of doing so.

Dear VolAgent,
I am working with an agent. However, I suspect that my agent is not very good given that I am in terrific health and he seems to have a weak explanation for why I am being classified as "Standard" by the underwriter. That is what I am trying to figure out. Is my agent no good or is HDL of 79 really an issue?

Perhaps this is not the place to learn about this.

 

[b61mack]

What insurance company, are you talking about. What did your agent say. You are leaving things out, or the agent is not earning his pay.

 

[Norwayguy]

What was your total cholesterol level. Carriers assess this based on the ratio. Also a standard rating is the rating the majority of people should get.

 

[WinoBlues]

Each company will have different underwriting guide lines. Some will give a client "life style credits" some will not. Did you know what your Cholesterol level is and did you tell your agent? He should have asked detailed questions.

As to whether it will be a problem? The premium is the solution to the problem. The problem is what you want to cover with large life insurance policy.

You should easily get a competitive quote based on the real risk. High Cholesterol is not that major of a problem to write. That high lipid level in now in the MIB. So if one of the many agents PMing you (assuming) tells you otherwise. Run away. If you used an agent he should be shopping it for you now. If he just said well here it is. Then find a new agent. If the "agent" is from some internet call center. He is most likely now selling microwaves at Sears. And does not care.

As to committing to any of us. That is not why we are here. We are all agents with occasional consumers popping in. There are other forums that are really lead generators. You go there it is all about getting you to contact them. However, this forum is the real deal when it comes to true agents. If you think we are hard on you, read how hard we are on each other.

Also, standard is all over the place depending on the company. Example : $500,000, 25 year term.
SBLI = $645
TA = $740.
LBL = $915.

Bottom line, high lipids is an issue but there are other health and life style credits that may apply. Use an agent. If he is not shopping it for you find one that will. However, your health is your health. Did I mention use an agent?

Dear All,

I am new to this forum and to buying life insurance. Many thanks in advance for any advice or links you can provide.

I am a very healthy 34 year old male who is looking to buy a 25 year term life insurance policy. I chose a company based on preferred plus rates and underwent the blood and urine test. I received the results and all looked great.

When I received the policy, I had been classified as "Standard non tobacco" and the premiums were twice those I had been quoted. The only justification I have been given are that my HDL of 79 is too high: "Approved Standard No Tobacco based on HDL results (HDL 79)". My LDL was 87. My doctor has informed me that this cholesterol reading is excellent. So, I am very confused.

I am wondering whether this is just due to the specific underwriter and agent I am working with or if an HDL reading of 79 is likely to pose a problem with all companies.

Many thanks for your advice.

 

[GreenSky]

Dear Rick,
I do not understand your first sentence. I am fine with agents not responding to me if they are only concerned with getting my business and do not believe that they are capable of doing so.

I assumed (incorrectly) that you were doing this on your own. Sorry.

You should contact Wino Blues and I see he responded to you (above). He's our resident CA life insurance expert. I'm sure he can help you get better value in a plan than your absentee agent.

Rick