Guide
Health classes explained
Understanding rate classifications: Preferred Plus, Preferred, Standard Plus, and Standard—what each label represents and the factors that determine placement.
Carriers assign term premiums based on rate classifications. Classifications vary between companies but follow the same pattern: Preferred Plus (sometimes called Super Preferred or Best Preferred), Preferred, Standard Plus, and Standard, with surcharges for heightened risk. Non-tobacco users and tobacco users each have their own classification scale.
What underwriters look at
Physical metrics (height, weight), blood sugar and cholesterol levels, family medical background (particularly heart disease or cancer before age 60), driving history, medication history, line of work, recreational interests, and nicotine or smoking history. Achieving the best rate category requires strong results across nearly everything; Preferred tier allows for some variation; Standard Plus and Standard accommodate well-managed conditions like controlled blood pressure.
How to use the quote tool
The health inquiry asks for your honest assessment: Excellent aligns with Preferred Plus, Very good with Preferred, Good with Standard Plus, and Fair with Standard. Rate quotes are based on this rating; your final rating comes after underwriting. If uncertain, request quotes at two different levels and compare them, and let underwriting make the ultimate decision. An overly optimistic self-assessment will not reduce your final premium—it will only make your estimate inaccurate.
Susman Insurance Agency assists you in finding carriers with guidelines that accommodate your unique situation, which is often more significant than comparing the lowest headline rate.