Special Rate Life Insurance For

Health IQ offers comprehensive term life insurance at special rates for health conscious people. We also offer competitively priced, standard life insurance products for people who might not qualify for the special rate.

We are the only broker to offer special rate life insurance products for health conscious people. We offer special advantages and unique underwriting experience for the health conscious. For example, our athlete-friendly measurements help endurance athletes and strength trainers with low resting heart rates or muscular builds qualify for special rates.

To qualify for our special rate life insurance products, you must meet two conditions:

1) You must verify your health consciousness by taking a designated Health IQ Quiz for your health affinity. To qualify for the special rate, you must achieve an Elite score on the quiz.

2) You must also verify your chosen fitness activity such as running, cycling, swimming, weight lifting, yoga etcetera. Verification may include proof such as running or cycling mileage, timed results from cycling races, marathons or triathlons, swim meets and weightlifting competitions.We also accept electronic records from popular health and fitness apps such as Runkeeper, Map My Run, Map My Ride, Strava and more.

Talk to one of our licensed agents if you have more questions about your life insurance quote or how to qualify for our special rates.

We work with top highly rated carriers such as SBLI, Ameritas, Prudential, Banner, Lincoln, New York Life, Mutual of Omaha, Transamerica and other major insurance carriers. See our carrier partners

“Term” life insurance, also known as “pure life insurance,” will provide you coverage for a specific period of time at a price that is guaranteed to be locked in for that length of time. Clients are never obligated to keep the policy and can cancel or change at any time for any reason. It pays out your dependents if you die within the selected term, protecting your loved ones if you die a premature death. Term lengths range from 10 to 30 years in 5 year increments (10, 15, 20, 25, 30). With most term life insurance policies, the death benefit (the “payout”) and the cost (the “premium”), stay the same throughout the selected term.

“Permanent” life insurance will provide you coverage for an indefinite period of time. This policy will never expire and can have a “cash value” component that grows throughout the life of the policy. Because this policy has a cash value component, some clients choose to borrow against the policy or cancel the policy for a portion of the cash value. Permanent life insurance tends to be more expensive than term life insurance - and far more complicated - and therefore is not something that we recommend to our clients. For some high-net worth individuals requiring a highly customized personal finance or estate planning strategy, permanent life insurance can be useful. However, Health IQ does not offer permanent life insurance products.

Whole life is a type of permanent life insurance policy. For this specific type of policy, you pay a set premium amount and the cash value component has a guaranteed growth rate, albeit a low growth rate.

Universal life insurance is a type of permanent life insurance. For this specific type of policy, you can adjust the premium or benefit amount and the cash value component earns you interest at a variable rate which the insurer sets. You can also pay or reduce your premiums with your cash value component.

Variable life insurance is a type of permanent life insurance where the policyholder controls the death benefit and premium amounts. Like universal life insurance, policyholders can invest the cash value into investment portfolios.

The short answer is “it depends.” There is no one size fits all policy in life insurance. With that said, most financial advisors recommend somewhere around 10x your current annual income. Some advisors might even recommend 20 - 30x your annual income. The coverage amount largely depends on what amount you believe would make your family financially stable in the future, helping them cover their everyday costs of living and much larger expenses like college and retirement. Our agent will help you choose the policy term and coverage amount and give you the best quote for your particular situation.

Most people protect their income either until retirement age or at least until their children are out of school and able to take care of themselves.

• Mortgages
• College expenses for your children (calculate future tuition for when your children are expected to enter college, plus any possible expenses for graduate school or postgraduate degrees)
• Living expenses for your family
• Cosigned debt (student loans, car loans, medical bills, etc.)
• Stay-at-home labor expenses (cooking, cleaning, childcare, etc.)
• Burial / funeral expenses
• Elder care
• Estate taxes that your heirs must pay for assets you leave them

In short, we try to get you the right policy to take care of your family’s needs if something happens to you.

We analyze your existing policy and coverage to help prevent you from becoming ‘over insured’ according to financial underwriting guidelines. There are limits on the total amount of insurance the carrier will allow for an individual based on age, income and sometimes insurance needs, also known as “coverage limits”.

Your minimum coverage amount depends on your policy type, health conscious score, and current health status. Speak to our agents to learn more.

There is no penalty for refinancing an old policy or buying additional coverage. Similar to mortgages, you can apply for a new life insurance policy even if you have an existing one. The new policy can either replace your existing one or it can be additional coverage on top of what you already have.

No. Rates on life insurance policies are highly personalized and are based on age, gender, health, lifestyle, medical history, medical checkup results, plus Health IQ special advantages you may qualify for. Rates can vary by 10X or more for the same coverage and term from person to person. Your rating class will be determined by the carrier after your application is received and your medical results including your medical history are evaluated.

Insurers grade each applicant into a rating class based on current health and lifestyle factors, which determines your overall ‘risk’. Health conscious people with less risky lifestyles are considered less risky than the average applicant.

Even if you may have been declined for life insurance in the past by a specific carrier, it does not mean that you will be unable to buy life insurance. Each insurance carrier makes its own decisions about whether they are willing to offer you a life insurance policy based on your current health status and lifestyle situation. Our agents will work with you to find the best policy.

At Health IQ, we believe you can take charge of your own behavior and lifestyle to overcome your family history. We minimize the penalty for adverse family health history if you are otherwise healthy.

Actually, no. We measure waist to hip ratio in addition to BMI since BMI doesn’t distinguish between muscle and fat. Most other insurance companies only measure BMI.

Health IQ offers policies that require a medical exam, as well as policies which do not require a medical exam (called “accelerated underwriting”). Although you are still required to complete a telephone interview and answer questions about your health and medical history, accelerated underwriting often means you can get coverage faster without having to take a blood or urine test. Talk to your sales agent to find the best policy that gets you covered as soon as you need it.

A nurse will come to your place of preference (home, office, or local exam office) and will take a health history and basic measurements (height, weight, blood pressure). A blood draw and often a urine sample is also involved in applying for life insurance. In some cases with larger policies, an EKG may also be required. The exam will take approximately 30-45 minutes.

To prepare for your medical checkup, we recommend avoiding strenuous exercise 72-48 hours prior to the appointment, as strenuous exercise can cause elevated protein levels in your urine. We also recommend fasting 8-12 hours prior to your checkup unless you are diabetic. You should always continue to take medications as prescribed.