Body Build is Key for Life Insurance Premium - LifeQuotes.com

Your Build Is a Key Determinant for Your Life Insurance Premium

Your build – the relationship between height and weight – is a key determinant for your life insurance premium. Insurance companies will use this and your age, first and foremost, to determine your risk classification.

A life insurance company will access your entire health profile when underwriting you for an insurance policy, which is why you need to provide information regarding your health history, any current medications and hazardous recreational activities.

To be considered for the best possible rates, it is important to keep your height to weight ratio at or near the ideal range for your body type – also known as your Body Mass Index (BMI).

The National Institutes of Health provides a free online BMI calculator, which will generate your BMI number for you.

Your number will be grouped into one of five risk categories – underweight, normal, overweight, obese and morbidly obese.

BMI < 18.5 is underweight

BMI 18.5 to 25 is normal

BMI 25 to 30 is overweight

BMI > 30 is obese

BMI > 40 is morbidly obese

Insurance rates may be less expensive for women as they have longer life expectancies than men as recent studies have shown that women outlive men by an average of five years. This is because women tend to develop health conditions – such as cardiovascular disease – in their 70s and 80s, where men develop them in their 50s and 60s.

However, life insurance rates are determined on a case-by-case basis, so it is still possible for a man to secure a lower rate than his female counterpart.

The following page features a build chart from a reputable insurance company.

Here’s a build chart for Transamerica and their Preferred Plus Rate Class, which is specific to gender.

According to the below charts, if you are over the maximum weight than you are going to qualify for a higher premium price. The price difference will vary depending on how much heavier you are than the maximum weight.

Your premium price will be based off the weight taken during your medical exam.

Example Insurer’s Female Build Chart

Feet/Inches MAX HEIGHT MAX WEIGHT SEX BMI
4′  8″ 56 131 F 29.37
4′  9″ 57 135 F 29.21
4′  10″ 58 140 F 29.26
4′  11″ 59 145 F 29.29
5′  0″ 60 149 F 29.10
5′  1″ 61 154 F 29.10
5′  2″ 62 159 F 29.08
5′  3″ 63 164 F 29.05
5′  4″ 64 169 F 29.01
5′  5″ 65 173 F 28.79
5′  6″ 66 179 F 28.89
5′  7″ 67 183 F 28.66
5′  8″ 68 187 F 28.43
5′  9″ 69 191 F 28.21
5′  10″ 70 195 F 27.98
5′  11″ 71 200 F 27.89
6′  0″ 72 205 F 27.80
6′  1″ 73 210 F 27.71
6′  2″ 74 215 F 27.60
6′  3″ 75 221 F 27.62
6′  4″ 76 226 F 27.51
6′  5″ 77 231 F 27.39
6′  6″ 78 236 F 27.27
6′  7″ 79 242 F 27.26
6′  8″ 80 247 F 27.13
6′  9″ 81 252 F 27.00
6′  10″ 82 257 F 26.87
6′  11″ 83 263 F 26.84

Example Insurer’s Male Build Chart

Feet/Inches MAX HEIGHT MAX WEIGHT SEX BMI
4′  8″ 56 133 M 29.82
4′  9″ 57 138 M 29.86
4′  10″ 58 142 M 29.68
4′  11″ 59 147 M 29.69
5′  0″ 60 151 M 29.49
5′  1″ 61 156 M 29.48
5′  2″ 62 162 M 29.63
5′  3″ 63 167 M 29.58
5′  4″ 64 172 M 29.52
5′  5″ 65 177 M 29.45
5′  6″ 66 183 M 29.54
5′  7″ 67 188 M 29.44
5′  8″ 68 193 M 29.35
5′  9″ 69 198 M 29.24
5′  10″ 70 205 M 29.41
5′  11″ 71 210 M 29.29
6′  0″ 72 215 M 29.16
6′  1″ 73 222 M 29.29
6′  2″ 74 228 M 29.27
6′  3″ 75 234 M 29.25
6′  4″ 76 239 M 29.09
6′  5″ 77 245 M 29.05
6′  6″ 78 250 M 28.89
6′  7″ 79 256 M 28.84
6′  8″ 80 261 M 28.67
6′  9″ 81 267 M 28.61
6′  10″ 82 273 M 28.55
6′  11″ 83 278 M 28.37

Leave a comment