When most people think about life insurance, they often assume that age and health are the only factors that matter. While these are undoubtedly important, they’re not the whole story. At Heimgartner Insurance Inc. in Sioux City, IA, we’ve seen firsthand how life insurance companies evaluate a variety of details to get a complete picture of an applicant. If you’re considering applying for life insurance, it’s helpful to understand what else might come into play.
Lifestyle Matters More Than You Think
Your everyday habits can significantly impact how insurance companies assess your risk level. For example, smoking or engaging in high-risk hobbies like skydiving or rock climbing could lead to higher premiums. Conversely, maintaining a clean lifestyle—such as regular exercise, avoiding tobacco, and following a stable routine—can work in your favor and potentially lower your rates.
Your Job and Finances Play a Role
Believe it or not, your occupation can also influence how you’re evaluated. Jobs that are considered dangerous or highly stressful may result in higher premiums. Additionally, insurers may review your financial background—not to judge your worth, but to ensure the policy amount you’re applying for aligns with your income and financial responsibilities.
Driving History Counts, Too
Having a clean driving record is another factor that can positively impact your application. Frequent traffic violations or a history of DUIs may indicate a higher risk, which could impact your eligibility or lead to increased rates.
Applying for life insurance is an opportunity to put your best foot forward—and understanding how you’re evaluated can help you make informed decisions. If you’re ready to explore your options or need assistance finding the right policy, contact Heimgartner Insurance Inc. in Sioux City, IA. We’re here to guide you with experience and care, every step of the way.
