What is a Standard Life insurance rating (health) class?
last updated on March 18, 2024What is a Standard life insurance rating (health) class?
The Standard life insurance insurance rating (health) class is the fourth best risk classification offered by life insurance companies in the United States. The Standard life insurance health rating classification is for applicants that are in average health (and health history) and have an average weight for their height according to the life insurance company underwriting guidelines they are applying with. The Standard life insurance health rate class if for those that have an average U.S. life expectancy, statistically.
Life insurance health risk rating classes:
- Preferred Plus Life Insurance (Excellent)
- Preferred (Very Good)
- Preferred Tobacco (Very Good Tobacco/Nicotine)
- Standard Plus (Above average)
- Standard (Average)
- Standard Tobacco (Average Tobacco/Nicotine)
- Substandard (Below Average)
How much is a Standard life insurance policy?
Each life insurance company offers their own rates for their Standard life insurance health class. Similar to how each auto insurance company has a different rate for the same coverage, same is true in life insurance.
Below is a table that shows the Standard life insurance monthly rates (quotes) on a 10-year term from several of the top term life insurance companies in the nation 2023.
| Age | $100k | $250k | $500k | $1 million |
|---|---|---|---|---|
| 25 | $8.67 | $16.45 | $25.18 | $42.81 |
| 30 | $8.93 | $16.48 | $25.18 | $42.81 |
| 35 | $10.84 | $16.58 | $25.74 | $43.91 |
| 40 | $12.84 | $21.21 | $35.25 | $60.91 |
| 45 | $17.09 | $29.49 | $51.09 | $93.29 |
| 50 | $24.26 | $43.61 | $80.17 | $151.94 |
| 55 | $33.75 | $67.06 | $124.15 | $237.64 |
| 60 | $50.96 | $98.84 | $190.21 | $363.64 |
| 65 | $86.09 | $171.29 | $334.25 | $650.94 |
| 70 | $147.13 | $303.43 | $589.35 | $1,094.68 |
| 75 | $263.61 | $580.32 | $1,143.98 | $2,065.05 |
| 80 | $599.42 | $1,275.00 | $2,478.60 | $4,892.60 |
*Rates for a male, D.O.B. June 19th at the at the Standard rate class and lives in Florida. Standard rate quotes are from AIG, Banner Life, Pacific Life, Protective Life, Symetra Life and Transamerica.
Note: Each life insurance has their own rates and underwriting guidelines for their Standard (average) rating class. This is why it’s important to compare rates from several top life insurers when in the market for new life insurance coverage.
How much is a Standard life insurance policy?
Below are the rates from the top life insurance companies in the U.S. for a $500,000 20-year level term policy for a 45-year old male. Top companies include: Banner Life, Protective Life, Corebridge Financial (AIG), Pacific Life, Symetra Life, Lincoln Financial, Transamerica and North American.
What are the Standard rating classification underwriting requirements?
There are many requirements life insurance have in order to qualify for their Standard health class. Below we will answer some of the most common questions people have to see if they can qualify for the Standard life insurance classification including: height and weight, labs and vitals, tobacco usage and medical history.
How much do I need to weigh in order to get a Standard life insurance health rating?
There are more than 700 life insurance companies in the United States and each on has their own underwriting guidelines and build chart.
Below we’ll show one of the most favorable height & weight guidelines in the country from one of the top A+ rated life insurance companies in the country.
| Height | Weight |
|---|---|
| 5’00” | 179 lbs |
| 5’2” | 191 lbs |
| 5’4” | 204 lbs |
| 5’6” | 216 lbs |
| 5’8” | 230 lbs |
| 5’10” | 243 lbs |
| 6’0” | 258 lbs |
| 6’2” | 272 lbs |
| 6’4” | 287 lbs |
| 6’6” | 302 lbs |
*Each life insurance company has their own height and weight guidelines and BMI to qualify for their Standard health class.
What does my cholesterol have to be in order to receive a Standard life insurance rating class?
Below are the Standard cholesterol guidelines requirements from a top U.S. life insurer.
| Total Cholesterol | HDL Ratio |
|---|---|
| 300 | 8.0 |
*Each life insurance company has their own cholesterol guidelines in order to qualify for their Standard health class. The readings above are from a top A+ rated U.S. life insurer, with or without medication.
What does my cholesterol have to be in order to receive a Standard life insurance rating class?
Below are the Standard blood pressure guidelines requirements from a top U.S. life insurer.
| Blood Pressure |
|---|
| 150/90 |
*Each life insurance company has their own blood pressure guidelines in order to qualify for their Standard health class. The readings above are from a top U.S. life insurer.
When is the last time I can have smoked cigarettes to qualify for a Standard-non tobacco rate?
Most life insurance companies require 12 months without any cigarette usage to qualify for a Standard non-tobacco rate class. There are even several life insurance companies that will offer a Standard Plus health class once you are one year without any cigarettes.
| Smoking Cigarettes |
|---|
| No tobacco or nicotine-based products in the last 12 months. |
*Each life insurance company has their own blood pressure guidelines in order to qualify for their Standard health class. The readings above are from a top U.S. life insurer.
Wrap up
The Standard life insurance rating (health class) classification is given to insureds that are deemed to have an average life expectancy according to the life insurance company guidelines and underwriter for a particular insurer.
Preferred Plus, Preferred and Standard Plus rate classes are designated for those with an above average life expectancy based on the actuarial guidelines, specific to each life insurance company.
Many applicants are surprised to learn that the Standard rate class requirements and premiums can vary significantly from one life insurer to the next. This is why it’s imperative for those shopping for life insurance to compare rates from many different carriers.
FAQ – Standard life insurance rating (health) class – common health and lifestyle questions
Can I qualify for a Standard life insurance health class with a history of cancer?
Yes, depending on the type of cancer, stage and last treatment date, a Standard life insurance health class is possible.
Do I qualify for a Standard life insurance health class with type II diabetes?
Yes, factors such as the age of onset and last A1c reading will determine if you can qualify for a Standard rate class or even better.
How long do I have to quit smoking to qualify for a Standard non-tobacco rate class?
Twelve months, in order to qualify for a Standard or even a Standard Plus with some carriers you can’t have smoked a cigarette in one full year.
Can I qualify for a Standard life insurance rate with sleep apnea?
Yes, a Standard life insurance rate class, up to Preferred is available with sleep apnea diagnosis and compliant with treatment (CPAP, mouth guard, surgery).
Can I qualify for a Standard life insurance rate with ulcerative colitis?
Yes, there are top carriers that will offer a Standard life insurance rate class for ulcerative colitis with mild symptoms and controlled.
Can I get a Standard life insurance rate for sucba diving?
Yes, some carriers will allow a depth up to 125 feet (without a history of major health issues and no cave or wreck diving) and still can qualify for a Standard life insurance rate class, no rating. Applicants who dive less than 100 feet can qualify for Preferred rates.
*The guidelines above are some of the most favorable in the nation and taken from several top life insurance companies to illustrate what is available to still be eligible for a standard (health) rate class. Each life insurance company has their own underwriting guidelines and factors, subject to the insurance company applied for.
