If you are thinking about life insurance, you may know a component of the process is a medical exam. It looks at a variety of factors to determine how healthy you are. It can seem intrusive. However, the company conducting the medical exams should protect your privacy throughout the process. What will happen, and why is it happening? Here’s what you should take into consideration.
What Happens During a Medical Exam?
Each company is a bit different. In most situations, life insurance medical testing will include:
- Blood tests
- Urine samples
- An EKG to measure cardiac health
- Height and weight
- Blood pressure
- Health questions
- Physician verification of any details of your application
Most of the time, this does not take long. Most people see a doctor recommended by the insurance company. Some companies can even come to your home to do the testing. If you obtain life insurance from your employer, the medical professional may come there. In nearly all cases, however, your personal doctor cannot conduct the exam.
What Are They Looking for in the Process?
Overall, they are running a series of basic tests to determine your overall health. Blood tests, for example, can provide information on sexually transmitted diseases, HIV/AIDS, heart health, and kidney health. They are also looking for any signs of diabetes or damage to other organs, such as your lungs or liver. These tests may be ones that you have received from your doctors in the past. The results will help the insurance company get a picture you as an insurable risk.
What Should You Do Before the Life Insurance Exam?
As you prepare for a medical exam, follow the rules the provider asks of you.
That may include fasting for 8 to 12 hours before the exam. It may also include avoiding taking extra supplements, cold medications, pain medications, or high protein products. Avoid sleeping pills and any type of recreational drug. You may also want to avoid poppy seeds, which can create a false positive for opiates. Some products, such as tonic water, can create false positives for other drugs as well.
In addition to this, be honest with your life insurance agent. If you are honest, you may be able to still obtain coverage if you have some health risk factors. If you are not, you may face a denial of coverage.
Life insurance companies need to know the extent of your health and illness to make wise decisions about providing coverage. Paying into a plan that your family cannot collect because you provided false information isn’t beneficial.
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