Obesity nearly doubles life cover premiums

When assuring a sum of £200,000 for a 15 year term, a typical 35 year old, 5’10” non-smoking male weighing 12 stones can expect to pay £14.40 a month for a Norwich Union policy, compared to £18.40 if they weigh 18 stones and £25.20 if they weigh 20 stones. Similarly, a 35 year old, 5’5” non-smoking female weighing nine stones can expect to pay £12 a month, compared to £15 for a 15 stone counterpart and £20.40 for a 17 stone counterpart. Extra premiums are added routinely to life insurance policies when a client’s body mass index (BMI) is 30 or above. At present, one in four children i...