What happens during insurance physicals?
Are you soon going to have your insurance exam? Understandably, you might feel a bit stressed. It is important to keep in mind that the insurance exam is similar to a routine physical and one does not need to be absolutely perfect in terms of physical health to be able to qualify for that life insurance policy at an affordable premium.
At the start of the insurance exam, you will need to provide detailed medical history. However, if have trouble remembering your medical history, you may ask for complete medical records from your doctor. During the exam, someone will check your pulse and blood pressure. They will also record your weight and height.
Most likely you will also have to give a blood sample. Often times, a simple finger prick is all that is required. A full blood profile may be needed if the amount to be insured is large. At the end, you will be required to give a urine sample to them and you can then go home.
It is important to keep in mind that every insurance company has its own requirements when it comes to such exams. For instance, some other insurance company may ask you for treadmill tests, EKGs as well as other tests in addition to some simple laboratory studies.
What Are the Things They Are Looking for in the Insurance Exam?
There is only a single purpose behind the insurance exam by insurance companies. They want to check if there is any existing health condition that could negatively affect your life and shorten it. The blood test is used for testing diabetes, immune disorders, kidney disorder, liver disorder as well as a number of other health conditions. Similarly, urine sample is usually screened for illicit drugs or various other medications.
What Happens after the Insurance Exam?
The results of this insurance exam are directly sent to the insurance company. An underwriter at the insurance company goes through the findings and assigns you an insurance rating. This rating is used to determine the premium you are going to pay for that insurance policy. You can also get a copy of the lab results if you request the company for a copy of the exam results.
It is important to keep in mind that absolutely perfect physical health is not needed to get an insurance policy at an affordable premium. However, if the results of the insurance exam turnout to be an indication of some serious illness or chronic illness, you may have to pay a higher premium or you may be declined. If there are still questions about your health, the insurance company may require you to give more information or have further tests.
Tips for Insurance Exam
- It is important that you are completely relaxed before the exam. You should try to rest the night before.
- You should limit the intake of various stimulants such as herbal supplements, coffee, cigarettes as well as caffeine.
- It is recommended to ask for an appointment in the morning. People often wear out after a stressful day.
- It is recommended to not indulge in strenuous exercise, or work at least one day before the exam.
- It is important to eat healthy, exercise regularly and get yourself checked on a regular basis. You should also avoid habits such as alcohol consumption and smoking.