Life insurance policies have a whole lot of guidelines and processes. It is not that simple to just grant anybody and everybody a life insurance policy. The insurance company needs a thorough understanding about the person before granting one. This is why you will be asked to fill huge forms with loads of questions. These questions are all needed to analyse the amount of risk you pose. The questions range from your health and medical conditions to details about your parents and immediate family members and your lifestyle habits and job profile. Family details are required to understand your genetic risks. Your job profile and lifestyle habits decide how you are currently taking care of your body.
Your current medical state is the most essential part. If you suffer from any medical conditions, the insurance company needs to be aware of it. For this, many companies make sure that you get a medical examination done before issuing you a policy. The examination consists of basic routine tests to check how healthy you are. Your policy term, coverage, and premium are all decided based on the results of these tests. If you have any illness, it may either reduce your coverage or increase your premium amount. The kind of tests you need to take also depends on your age. So, the earlier you take a policy, the better it is. This way you have lesser chances of being diagnosed with illnesses. The quiz here, provided by HealthIQ.com, will help you shed more light on this topic.
There is nothing to worry about getting a medical examination done. If a company does not require a check-up, then chances are that they are most probably charging you a premium quote already. It is always better to take the tests and certify that you are free of illnesses before you take a policy. This gives you better offers. It is important to understand the offer document and all the terms and conditions. Read more about it on Health IQ and make an informed decision.