Up until recently if your BMI was higher than 32 many life insurance companies would have classified consumers as overweight and obese and would calculate how much you would need to pay for life insurance by your BMI.
1. Body Mass Index (BMI)
BMI is a reliable indicator of total body fat, which is related to the risk of disease and death. The score is valid for both men and women but it does have some limits.
The limits are:
Use the BMI calculator or table to estimate your total body fat (BMI=kg/m²). The BMI score means the following:
|18.5 - 24.9||Ideal Weight|
|25 - 29.9||Overweight|
|30 - 39.9||Obese|
|40 and above||Very Obese|
2. Waist Circumference
Determine your waist circumference by placing a measuring tape snugly around your waist. It is a good indicator of your abdominal fat which is another predictor of your risk for developing risk factors for heart disease and other diseases. This risk increases with a waist measurement of over 40 inches (102 cm) in men and over 35 inches (89 cm) in women.
3. Other Risk Factors
Besides being overweight or obese, there are additional risk factors to consider:
Now finally OnePath Life Insurance have raised their BMI levels from 32 to 36. So any consumers with a BMI of up to and including 36 would now receive a standard rating with One Path provided that they have no other conditions or illness which would attract a loading.
Loading for a high BMI is generally 50% therefore this may be an opportunity for you to consider taking out life cover for yourself, whereas in the past you would have been rated for your BMI.
So please fill out the form on this page or give us a call on 1300 793 143 and let one of our advisers help you finally get some life insurance.