Need term life insurance, need to get in shape
December 28, 2006 7:18 AM Subscribe
I need to buy term life insurance ASAP, but I'm out of shape. What's the smart thing to do?
posted by tfmm to work & money (5 answers total) 2 users marked this as a favorite
I just became sole breadwinner for my wife & child. I need term life insurance right away, but I’m now realizing that I’m not making the cut for the “preferred” category.
My question is: are there hidden consequences with my plan to purchase a 10 year term policy for the short term, then re-shop for a 30 year policy once I’ve had time to get in physical shape in the next 6-12 months? I’m 33, 6’-0”, 215 lbs, have above normal blood pressure (currently on meds for this), and have a low risk occupation. I know there is no way to hide the high blood pressure meds, but what about being overweight with higher cholesterol?
My concern is that once you are “on record” in an insurance database, you are forever marked. Would a “no exam” policy be the way to go temporarily?