Why You May Need to Get A Complete Blood Count to Get Life Insurance

by Jeff Rose on October 23, 2017 · 0 comments

in Life Insurance Planning

When you apply for life insurance, the insurance company might request a number of different tests to check your health. One commonly ordered test is the Complete Blood Count (CBC).
This test looks at the three major cell lines in your blood (red blood cells, white blood cells, and platelets) to see if you have any undetected illnesses or problems.

To get a better idea how this test works and how it might impact your insurability, be sure to review our complete guide to the CBC.

Complete Blood CountLife insurance is the best safety net that you could ever buy for your loved ones. It’s one of the only ways that you can guarantee that your family has the money that they need, even if something tragic were to happen to you.
We know that shopping for life insurance is not a fun job, but that’s why we are here to help. It’s our mission to ensure that you’re getting the best life insurance protection for your family.

This article is going to look at the different ways that a CBC might impact your life insurance coverage. We are also going to look at the ways that you can get cheaper life insurance protection.

When Would You Need a Complete Blood Count?

Your doctor might order a CBC for you as part of a regular checkup, even if you’re healthy. This test looks at many different factors and can detect problems early before they’ve started showing other symptoms.

If you’ve ever had a complete blood count, the results will show up in your medical history, which a life insurance company will review when you apply for coverage.

Typically, life insurance companies don’t request a CBC as part of a regular application. If there are old results on your medical records, they’ll review them but if you are relatively healthy, you most likely won’t need to take a new CBC.

However, if you’ve had a health problem in the past, the insurance company may request a new CBC to see how you’re doing. For example, it is common for applicants with a history of anemia to need to take a CBC before qualifying for coverage.

How Do You Take a Complete Blood Count?

A CBC goes beyond the regular blood test that is part of most insurance applications. For a regular insurance application, you usually give your blood to a technician who transports your blood to a lab.

This doesn’t work for a CBC because the major cell lines can degrade during transportation. As a result, if you need to take a CBC for your application, you’ll need to go to your doctor or a lab directly and have your blood drawn there for testing.

Red Blood Cell Tests

Part of the CBC is to look at your red blood cells. These cells carry oxygen through your blood. When the CBC measures your red blood cells, it will look at your iron levels. If your iron levels are too low, you are considered anemic while if your levels are too high, you have a condition known as polycythemia.

The CBC also looks at the volume of red blood cells in your blood, known as your Mean Corpuscular Volume (MCV). If this volume is too high, it could be a sign of a B12 deficiency, drug use, alcohol abuse, or bone marrow disease. On the other hand, if this level is too low, you could be suffering from an iron deficiency or lead toxicity.

White Blood Cell Tests

The CBC also looks at your white blood cells, the cells which fight infection. Like your red blood cells, there is a normal range for your white blood cell count. If your count is too high or too low, it could be a sign of serious health problems.

A low white blood cell count could be a sign of infection, leukemia, stress, steroid use, parasites, allergies, and several other disorders. A high white blood cell count could be a sign of bone marrow disease, a viral infection, malnutrition, and other problems.

Platelet Tests

Finally, the CBC looks at your platelet levels, the cells which cause clotting in your blood. A low platelet count can be a sign of stress, bone marrow diseases, and abnormal spleen function. A high platelet count can be a sign of a viral infection, an under-functioning spleen, bone marrow disease, and other diseases.

A lot of the conditions that they might find could make you consider a “high-risk” applicant. The insurance company is going to offset that risk by charging you more every month. Some companies might even decline you based on your health. If you’ve ever been rejected for life insurance, don’t assume that you can’t get quality life insurance at an affordable price.

Getting Cheaper Life Insurance Protection

There are several ways that you can get cheaper life insurance coverage. Making a few simple changes could help you save thousands of dollars every year of your life insurance protection.

The first thing that you should do is quit smoking. As you probably know, smoking isn’t good for your health, but it can be harmful to your bank account as well. If you’re a smoker, then you’re going to pose a much greater risk to the insurance company, and they are going to offset that risk by charging you much higher premiums. In fact, smokers pay at least twice as much for their life insurance. With some companies, smokers can pay three times or more. Kicking the bad habit is one of the best ways to save money on a life insurance plan.

Another way to save money is to improve your overall health. Before the insurance company approves your application, they are going to require the basic medical exam (in additional to the CBC). The results of that medical exam are going to play an important role in how much you pay every month. The two best ways that you can get better results is to start going to the gym and making healthy diet options. Both of these can help you lose weight, lower your blood pressure, and reduce your risk of being diagnosed with severe health complications. All of these are going to translate into lower insurance premiums.

The best way to ensure that you’re getting the lowest premiums is to compare dozens and dozens of life insurance quotes before you decide which one is best for you. Every company is different, and you’ll get drastically varying rates depending on which company that you contact.

Instead of wasting hours and hours contacting different agents, let one of our independent brokers do all of the hard work for you. We work with dozens and dozens of highly rated companies across the nation, and we can bring a personalized set of quotes directly to you.

Impact on Insurability

Since a CBC covers so many different conditions, there is no set guideline for how an abnormal CBC rating would impact your insurance rating. It really depends on the underlying problem that is causing your major blood lines to be out of the normal ranges and how each individual life insurance company views that problem.  No matter what the problem there will be one or a handful of best companies for life insurance coverage on that condition.

If you know what condition you have, you can review our life insurance guide for that condition because it will give you a more specific idea of what insurance rating you can expect when you apply.

We work with the best life insurance companies across the nation, and we know which companies are going to give you the best life insurance policy rates based on your specific condition. Depending on your health problems, some insurance companies are going to give you expensive rates, while others are going to give you affordable coverage. Finding the perfect company can save you thousands of dollars.

We know that shopping for life insurance protection is never a fun task, but that’s why we are here to help. It’s our mission to ensure that you’re getting the best life insurance rates available. If you have any questions about the life insurance process or ways that you can get the best premiums available, please contact one of our agents today. We would be happy to answer those questions and connect you with the best insurance plan available.

You never know what’s going to happen tomorrow, which means that you shouldn’t wait any longer to get the life insurance protection that you and your family deserve. If something tragic were to happen to you, and you didn’t have life insurance coverage, then your family would be responsible for all of your debts and other final expenses.

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