Why is it important to get Life Insurance when you are young and healthy?

" There is an exclusion due to recent gastritis"

" There will be loading of 30% of normal rate"

The above statements just mean that you are no longer considered as standard risk. In term of getting the life insurance cover, it just simply means that :

• Insurance company will exclude certain disease associated to your health condition due to recent treatment or consultation with doctors so will not get covered for this disease and its complications.

• Or, your insurance premium will be higher than of standard risk.

These problem are common and can be avoidable. 

It is at the best time to get insurance cover when:

• You are healthy, this will guarantee you to get cover at standard rate/price.

• When you are young. As the premium increases as you get older, it is preferable to get life insurance cover when you are young and healthy.

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