Life Insurance for High Risk People

High risk life insurance is for people who engage in hazardous activities or have a serious health condition.  There are several activities that are considered “risky” by an insurance company… scuba diving (to certain depths), certain extreme sports (motorsports, heli-skiing, back-country skiing), commercial fisherman, logger, or pilot, skydiver, mountaineering, bungee jumping, etc… There are a few insurance companies which specialize in offering life insurance to people with a higher risk profile, but the costs of these type of policies tends to be very expensive.  Some traditional insurance providers may offer coverage while excluding a claim in the event you die while participating in the activity in question.

If you’re considered “high risk” because of personal health concerns and you have a definite need for life insurance, then you may want to consider a “guaranteed issue” policy.  There are not health questions or medical tests, but the costs can still be a little steep.  Contact us to learn more.

Defining “High Risk”

Not all insurance companies define “high risk” in the same way. By having a licensed independent broker assess your situation, you may be able to avoid the drawbacks with a traditional term insurance policy. Our network of brokers can help you get the coverage you need at a price that makes sense.

Get some help without the hassle at 1-877-755-9293 (you can also connect with us HERE)

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