If an exam is needed then you will be required to give a blood and urine sample before you are approved for coverage? Depending on the product type and amount of protection you’re applying for the exam may be mandatory.
Who collects the blood sample
Insurance carriers will have applicants meet with a paramedical professional who will take blood pressure and pulse reading, as well as collect blood and urine samples.
While a life insurance blood test could reveal certain health-related issues, it could also provide the insurer with peace of mind in knowing just how much risk it is taking on.
What is tested in the sample
There are a number of health issues that can be tested for in an applicant’s blood and urine samples.
These may include:
- cholesterol levels
- blood glucose levels
- kidney values
- HIV / AIDS
- A1C level
- PSA levels
- and many more
Other reasons that insurance companies require applicants to give blood and urine samples at a medical exam are to test for health factors, such as the illegal use of drugs. See what drugs life insurance companies test for here.
Oftentimes, insurers will also be able to verify whether or not the applicant for coverage is a smoker. (If so, the premium rate that is charged for smokers can oftentimes be double, or even triple, that of a non-smoker, with all other factors being equal).
With regard to health parameters that the insurer tests for, the height and weight measurements can indicate whether or not an applicant is considered to be overweight. If so, there may be other health-related risk factors, such as high blood pressure and/or heart disease, at stake. See life insurance height and weight charts here.