Life insurance is one of the most important safety nets that you can buy for the future of your family. It’s one of the only ways that you can ensure that your family members have the resources that they need. When you shop for insurance, the company is going to look at dozens of different factors.
Most of the time when you apply for a life insurance policy, you need to provide a urine sample as part of your medical examination.
This is one way the insurance company reviews your health along with also giving you a short physical, check your medical records, and drawing a blood sample.
There are a few important reasons why insurance companies perform a urinalysis as part of their application process.
Why Do Insurance Companies Use Urinalysis?
Insurance companies usually perform two main types of tests as part of a urinalysis. First, they do a chemical analysis of your urine. This is so they can check for nicotine or illegal drugs in an applicant’s system.
They also perform a microscopic review of your urine to check for a number of diseases and health conditions.
When you apply for a policy, the insurance company will send over a medical professional to give you a quick medical exam. You can usually pick where and when you want to meet.
Part of this exam will be to take a blood and urine sample. The medical professional will then take these samples back to a lab for the actual testing.
Urinalysis Medical Tests
The urinalysis will also review the proteins in your urine for signs of kidney disease. The urinalysis will also check whether red and/or white blood cells are showing up in your urine. Red blood cells could be a sign of a blood disorder or problems with one of your organs. White blood cells could be the sign of an infection.
Beyond these medical tests, the urinalysis also tries to detect traces of nicotine and illegal drugs as some applicants lie about their tobacco and drug use on their applications.
What Happens After the Urinalysis?
The whole medical review process, including the urinalysis, takes some time, usually a few weeks. The insurance company will use the results of the tests plus your medical records to come up with your insurance rating. This will determine whether you qualify for a policy and at what price.
Once the insurance company comes up with your rating, your insurance agent will reach out to you with the decision. If you don’t have any major health problems, you’ll likely qualify for a normal rating or may even get a discounted policy. If the urinalysis or other reviews showed some health problems, you may get a more expensive, rated policy or may be denied coverage.
In all cases, the insurance agent will tell you why the company made its decision so you’ll know if a health problem showed up. If you receive a policy offer, at this point you can decide whether or not you want to buy the coverage.
Can I Avoid the Urinalysis?
While most insurance policies require a urinalysis, not all do. If you are buying a small insurance policy, usually one that is for less than $50,000, the insurance company might not require a urinalysis. They’ll make a decision based only on your medical records.
There are also no medical exam life insurance policies that offer coverage without any sort of testing. These policies are more expensive than regular life insurance because they take on all applicants.
There will also likely be restrictions on your coverage like your coverage only applies if you live at least two years after buying the policy. While no medical exam policies have their flaws, they are a good choice if you can’t qualify for anything else.
However, if you don’t have any serious medical problems, you are better off just applying for a regular policy and going through the urinalysis. It’s a quick test and will ensure that you get the best price for your life insurance.
Calculating your Life Insurance Needs
Before you apply for life insurance application, it’s important that you calculate what your life insurance needs are and how much money they will need if something tragic were to happen to you. There are several different factors that go into your life insurance needs.
The first number that you should look at is any debts and final expenses that your family would be responsible for after you pass away. The primary goal of your life insurance policy is to give them the money that they need to pay off all of those debts. Otherwise, they could be stuck in a hole of debt and no way to get out of it.
The next number that you need to crunch is your annual income. If you’re one of the main income earners in your home, your family would suffer financially if something tragic were to happen to you. Your life insurance will help your family replace your stream of income without having to sacrifice their standard of living.
Aside from having the perfect kind of insurance, you need to guarantee that your family will have the money that they need. If you need any help calculating your insurance needs, please contact us today. We can help you decide what size policy that you need.
Getting Affordable Life Insurance Coverage
The urinalysis is only one part of the life insurance application. There are several other components that are going to play a huge role in how much you have to pay in premiums. If you want to save money on your life insurance plan, there are several simple changes that you can make. Those changes can save you hundreds of dollars on your life insurance.
The first thing that you can do is to start a healthy diet and get regular exercise. Both of these are going to help you get better rates from the medical exam, which is going to translate into lower premiums and more money in your pocket. Getting the recommended amount of exercise every week, and making healthier meal choices can help you shed any extra weight, lower your cholesterol, and reduce your risks of being diagnosed with severe health complications later in life.
The best way to ensure that you’re getting the best rates is to work with an independent insurance agent. Unlike a traditional agent, our independent agents represent dozens of highly rated companies across the nation and can bring all the lowest premiums directly to you. Our independent agents can help you save both time and money on your life insurance process.
Because you never know what’s going to happen tomorrow, you shouldn’t wait any longer to get the life insurance protection that your family deserves. If something tragic were to happen to you, and you didn’t have the life insurance protection that your family needs, you could leave your loved ones with a massive amount of debt and no money to pay off those bills.
We know that finding the perfect life insurance can be a long and difficult process. There are dozens of different kinds of plans to compare and thousands of companies to choose between, but our agents can help you find the best plan in a matter of minutes. Contact one of our agents today and we can get the process started. Additionally, if you have any questions about urinalysis or getting affordable coverage, our agents would be happy to answer those questions and ensure that you’re getting the plan to meet your needs.