Things you should know about high risk Life Insurance

The concept of life insurance in Perth is not different from what you get in other parts of the world. You have a job or you run a thriving business. You also have a family and you want to ensure that you provide for your beneficiaries in case the unexpected happens. The smart move here is to take out a life insurance policy. 

Understanding High Risk Life Insurance

Insurance companies are not in business to lose money. Before any insurer will offer you a life insurance policy, you need to undergo a few tests. These tests will determine if you are a relatively healthy person. In addition, your profession and your personal habits matter. If you work in a dangerous industry, you might fall under the high risk life insurance category. The same thing applies if you smoke cigarettes or cigars. 

What Happens to High Risk Clients

In extreme cases, insurance companies might deny you life insurance if you fall under the extremely high risk category. However, in most cases, you will qualify for high risk life insurance if you meet certain conditions. Below are ways potentially high risk clients can get life insurance policies.

high risk insurance client

Change of Lifestyle

If you smoke two packs of cigarettes daily and you want to purchase a life insurance policy you are definitely a high risk client. Your insurer will insist on a test to ensure that there is no damage to your lungs or other vital organs. If your vital organs are still in good shape, you can get an insurance policy if you give up smoking or cut down on the number of cigarettes you smoke. 

Health Issues

Some medical conditions can be controlled or even reversed with the right diet and regular exercise. For instance, if you are denied life insurance because your cholesterol level is too high, you can do something about it. Just embrace the right diet and your cholesterol level will crash. Now, apply again for the same insurance policy and you will definitely get it. 

Risky Professions

If you are a pilot, a soldier or a commercial driver, you definitely fall under the high risk life insurance category. Now, you cannot give up your job in order to purchase life insurance. Your insurer will insist on a high premium because you are a high risk candidate.

high risk profession

Final Word

You can get a life insurance policy from reputable firms like Absolute Insurance. Just log on to for more information. You can also call us and our life insurance brokers we will be happy to serve you.

Also read: Learn all about Life Insurance in Australia

Greg Maguire

Greg Maguire

Greg is an experienced Insurance Broker in Perth, WA, with an Advanced Diploma of Financial Planning from Deakin University and a Bachelors Degree from Edith Cowan University. He is a member of the Chamber of Commerce & Industry WA and Baldivis Rotary, as well as Vice President of the local high school's Parents & Citizens Association. Greg provides personalised and dedicated services to his clients that bigger firms are unable to match.