Life insurance always seems like a problem for an older generation, but then one day you wake up to realize that you’re no longer a 20-something and you should probably think what happens next. Covering yourself against the future is a bit scary the first time around, but that protection brings about a priceless peace of mind. You owe it to your family to make sure they’re taken care of, even though you don’t want to think about all the things that could happen. You can’t hide your head in the sand forever.

Maybe you can’t currently afford a whole life insurance policy. That’s not a problem. Find a term policy that suits your needs for now. Later on, you can convert to whole life without going through all the rigamarole of signing up for new coverage. There are various other ways to lock in a monthly premium that fits your budget. The money you pay now isn’t nearly as important as what comes after you pass. You don’t want to think about death, but it’s inevitable. Deciding what happens afterward is essential. Don’t leave behind any unfinished business.

Health IQ explains the vocabulary of this necessary step into adulthood. You need to name someone as a beneficiary to your worldly possessions, including your finances and your home. Remember that, as with any other type of insurance, you can shop for different policies and compare rates, premiums, and coverage. Always read the fine print so that neither you nor your loved ones are unpleasantly surprised by unexpected clauses.

About Health IQ

Health IQ’s mission is to improve the health of the world by celebrating the health conscious through financial rewards. Health IQ delivers better rates and underwriting, and was recently featured in sites such as CNBC, Venturebeat, and TechCrunch.  and partners with top-rated insurance carriers such as SBLI, Ameritas Life Insurance Corp. and Assurity Life Insurance Company, and reinsurer partner Swiss Re to offer health conscious people between 4 and 33 percent lower rates on life insurance. Founded in 2013 by a team of health conscious entrepreneurs, the company is a licensed life insurance company in all 50 states and has helped tens of thousands of individuals secure a total of $5.3 billion in insurance coverage.

When you’re applying for life insurance, insurers will take into account many different factors about you as an individual before determining your rates. These might include your age, health and medical history, gender, whether or not you smoke, lifestyle, and driving record. However, did you know that your family medical history can also play a role in how much your premium will be? Medical issues in your family are a sign that you could have a greater likelihood of disease or early death. In fact, many insurers raise premiums if you have a family member that died before the age of 65 that was caused by health problems.

There are many different diseases that can be passed down from parent to child. In some cases, diseases can even skip a generation. For example, your grandparent might have had cardiovascular disease, but your parent has a healthy heart. If you develop an arrhythmia sometime in your life, this could be because you have the gene for it from your grandparent. Generally, insurers don’t go all the way back to grandparents when searching for medical history. However, they might look at the health of your siblings to see what possible health problems you might develop.

It’s important to be honest about your family history while applying for insurance quote life insurance from Health IQ. Otherwise, your policy can be cancelled immediately and without notice if it’s revealed that you lied. If you don’t have a family history because you were adopted or never knew your parents, you will probably still be able to get insurance, but you’ll have to confer directly with the company to see its policy.

About Health IQ

Health IQ’s mission is to improve the health of the world by celebrating the health conscious through financial rewards. Health IQ delivers better rates and underwriting, and was recently featured in sites such as CNBC, Venturebeat, and TechCrunch.  and partners with top-rated insurance carriers such as SBLI, Ameritas Life Insurance Corp. and Assurity Life Insurance Company, and reinsurer partner Swiss Re to offer health conscious people between 4 and 33 percent lower rates on life insurance. Founded in 2013 by a team of health conscious entrepreneurs, the company is a licensed life insurance company in all 50 states and has helped tens of thousands of individuals secure a total of $5.3 billion in insurance coverage.