Do you bleed? What to pee? If your answer is yes to both questions, then much of a life insurance company can find information about their health and life expectancy. The use of blood and urine, insurers can determine if you are prone to diabetes, alcoholism, high cholesterol, hypertension, heart disease and many other potentially fatal diseases.
When you buy life insurance, which are often required to undergo a medical examination for underwriting purposes in life. The subscription of life insurance is much like placing a bet. Instead of gambling on picking the fastest horse or the choice of numbers jackpot winner, insurers calculate the probabilities of the number of days left on Earth.
Insurance companies conduct medical examinations to potential policyholders, analyzeresults, compare morbidity data ownership and decide whether it makes business sense to insure or not, and how much to charge. Check out the most expensive medical conditions for life insurance buyers.
For the life insured or in its entirety within the life insurance policies, applicants mustsubmit to the blood and urine samples, regardless of age. Insurers also measuredheight, weight, blood pressure and pulse. Also routinely screen high levels of sugar in the blood, abnormal liver and kidney function, HIV, cocaine and cotinine, which indicates the consumption of snuff. New evidence that the more accurate insurance rates life
In recent years, life insurers have adopted new tests, says Eddy. Underwriters are now using tests for glycated hemoglobin to assess blood sugar and diabetes. Glucose levelscan change day by day due to diet and exercise. Glycated hemoglobin levels, on the other hand, measure the average glucose over several months, which gives subscribersa more accurate picture of the individual's health. In some cases, the insurer proBNPmay order tests to help assess heart function. Some insurers also for high sensitivity C-reactive protein (hs-CRP) to determine whether the applicant is an inflammation of thearteries, which can make you more susceptible to heart attacks and strokes.
"The new tests for doctors and insurers with the information available before," says PhilMargolis, a spokesman for ING in Windsor, Connecticut
Although the DNA of an applicant can provide information about some medical conditions, Eddy says that insurers not to genetic testing as part of the underwriting process. "Many states have come loud and clear that insurance companies should not do genetic testing," he says.
Eddy said that U.S. insurers life have a limited period of time - generally two years - it is possible to contest a claim or rescind a policy due to a material misrepresentation(false information significant) in the application. "This does not apply to most people, our candidates in general, provide accurate and complete in order to obtain life insurance,"he says.
