There are six different health ratings or risk classes:
1) Preferred Plus
2) Preferred
3) Standard Plus
4) Standard
5) Substandard and Tobacco Users.
The rates for Preferred Plus are the lowest with premiums rising for each subsequent class.

Preferred Plus: Those who are in this category will receive the best rates. They are free from tobacco for 3 to 5 years, their height and weight are in good proportion, and they are in excellent health. Their blood pressure must be under control and no cardiovascular disease or cancer deaths in a parent before the age of 60.

Preferred: Those who are in excellent health but have some minor problems such as cholesterol levels that are a bit high or disproportionate weight and height ratios. No tobacco use in the past 2 years. Additionally, their blood pressure must be under control and no cardiovascular disease or cancer deaths in a parent before the age of 60.

Standard Plus: Those who do not meet the guidelines for Preferred due to high blood pressure, family health history, weight problems, etc. They have not had tobacco for the last 12 months.

Standard: This classification fits most of those not in the first three rankings. They have not had tobacco for the last 12 months. However those with a serious, life-shortening illness or condition would not be included in this class.

Substandard: Those with serious health problems such as cancer, diabetes, cardiovascular disease, etc. It can very difficult and expensive for these people to attain insurance.

Tobacco Users: Usually these people have a much higher rate than nonsmokers do. However in rating smokers insurance companies will often take in other factors, such as their general health, height and weight, etc.

For more information, visit our free term life insurance resource center.