High-Risk Life Insurance
Life insurance is a safety net if the unexpected happens. A policy provides you and your loved ones financial peace of mind if you are no longer around to provide for them. When searching for life insurance, many factors influence your coverage and the amount you’ll pay for premiums. This process is more difficult if you’re considered high-risk.
If you’ve been deemed high risk for life insurance due to a health condition, lifestyle choices or another reason, turn to the trusted professionals at Vilardi Financial Center. We can help you navigate finding and selecting the right life insurance policy with confidence.
Understanding Life Insurance for High-Risk Individuals
Before seeking the right life insurance for your unique situation, it’s important to consider why you’ve been labeled high-risk.
A high-risk applicant is someone the life insurance companies consider risky to insure. There are different major factors considered by insurers when determining potential coverage risks:
- Health: It may be more challenging to obtain life insurance for people with high blood pressure, people who are overweight or have a high body mass index (BMI), or people with health conditions like cancer or kidney disease.
- Occupation: While some jobs obviously put you at higher risk, such as firefighters, high-net-worth individuals like business owners and tech professionals may also be considered high-risk professions due to extensive travel or risky hobbies.
- Lifestyle choices: Your lifestyle can also impact your risk. From dangerous hobbies, such as scuba diving, to unhealthy habits like nicotine use, these choices can affect your life insurance options.
- Age: Older individuals are often considered high risk. Insurance companies do not have as much time to collect premiums and most likely will be paying out on the policy in a shorter period of time.
Our Customized Approach to Life Insurance Coverage
If you have faced challenges applying for life insurance, we can help. The insurance experts at Vilardi Financial Center take a client-centered approach to insurance and asset management. We perform a comprehensive assessment of your needs and risks. This allows us to tailor our approach to your goals, helping you find insurance that best serves you, your family and your financial future.
High risk does not mean uninsurable. Multiple life insurance policies are available to high-risk individuals, such as Guaranteed Issue and Simplified Issue Life Insurance, Graded Benefit Life Insurance, Final Expense Insurance and more. Our job is to guide you through the complexities of life insurance coverage and empower you to make an informed decision.
If your policy is more expensive or has limited coverage, we can help you explore measures to improve your insurability and lower your premiums. Assess your life insurance needs using our calculator.
Why Choose VFC for Insurance and Financial Advising?
At Vilardi Financial Center, collaboration is our strongest asset. Our team-based approach means connecting you with resources and strategic partnerships to deliver seamless solutions. Whether that’s obtaining a high-risk life insurance policy that meets your personalized goals or planning for retirement, we prioritize your unique needs to create a completely customized experience.
Our licensed agents and financial experts will guide you through even the most complex financial decisions to help you secure a prosperous future.
Contact Us for High-Risk Life Insurance Solutions
If you are considered high-risk for life insurance, don’t wait. Schedule a consultation with our team to learn more about our comprehensive insurance coverage options.