Risk Assessment for Life and Health Insurance
When you apply for life and health insurance, you need to fill out an application where you will need to answer questions regarding your health, family history, and whether you engage in any high-risk activities.
All applications go through a risk assessment with us. The risk assessment follows strict procedures and is continuously reviewed based on advancements in the field of healthcare sciences. The procedures are not accessible to applicants.
During the risk assessment process, it may be necessary to obtain further information about your health from your doctor or healthcare facility. However, this is never done without obtaining your signed consent. Health examinations may also be necessary in some cases.
The result of the risk assessment can lead to special terms, higher premium or rejection of coverage.
Here, you can see what factors can influence the outcome of the risk assessment. The list is not exhaustive.
- Smoking, including e-cigarettes and vaping
- Weight
- High blood pressure
- Diabetes
- Mental health conditions
- Congenital illnesses
- Cancer
- Alcohol and substance use
- Family history
- Private flying, diving, extreme sports, skydiving, etc.