How will my child’s weight affect life insurance?

How will my child’s weight affect life insurance?

Obesity among America’s youth is a growing epidemic with long-term ramifications for both the health and financial futures of those affected.

An estimated 17 percent of children and adolescents ages 2 to 19 are considered obese, according to the 2007-2008 National Health and Nutrition Examination Survey compiled by the Centers for Disease Control and Prevention, the last year for which statistics are available. That is about triple the rate from just one generation ago.

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How can I keep my life insurance policy proceeds private?

How can I keep my life insurance policy proceeds private?

If you’re a person who values confidentiality, life insurance can be a good way to pass along funds away from outside scrutiny or even other beneficiaries.

Life insurance can be easily modified so it isn’t considered a part of a policyholder’s estate, according to Edward E. Graves, author of “McGill’s Life Insurance.” This makes it immune from public disclosure. In other words, any information about the policy owner, their beneficiaries, or the amount of death benefit in the policy cannot be made public.

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Lower your BMI and Lower Your Life Insurance Premiums

Lower your BMI and Lower Your Life Insurance Premiums

Healthcare researchers are increasingly finding that the medical problems that can saddle people with high life insurance costs and other problems often begin in childhood.

This is particularly the case with obesity, where about one-third of the U.S. public now struggles with weight – a problem that has also become more pronounced in school systems across the country.

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Diabetes and Obesity Affect Life Insurance Prices

Diabetes and Obesity Affect Life Insurance Prices

An individual’s life insurance rates can be affected by health conditions like diabetes and obesity – and in some cases, even people who exercise regularly and eat right can set themselves up for dangerous medical problems if they aren’t careful.

Healthcare professionals have long advised people to watch what they eat and to engage in physical activity regularly. By avoiding chronic health conditions, insurers will be more inclined to offer favorable rates, and the chance of hospitalization for a major illness becomes lower.

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