Due to the health risks related to obesity, it’s normal for insurance companies to present obese men and women with higher insurance rates. To determine this, insurance companies look at the person’s body mass index (BMI), among other factors. Insurance companies each use their own formulas in computing a person’s premium, most of them using the person’s BMI.
The increase in premium shoots up further if a person’s BMI reaches 40 and beyond and there is a real possibility a policy may be outright DECLINED. It is always advisable to consult Toronto online life insurance websites and speak to a broker about which insurance companies are more forgiving of weight and lifestyle choices.