Life Insurance with High Cholesterol

Can You Get Life Insurance if You Have High Cholesterol?

High cholesterol is a common health issue in Australia, and many people worry it may prevent them from getting life insurance or make cover too expensive. The good news is, most insurers will still offer life insurance if you have high cholesterol — but your medical history, lifestyle, and other risk factors may affect premiums.

At Covermate Life, we’re an insurance broker providing general advice only. We can help you understand how insurers view cholesterol levels and what options may be available.

General advice only: This information does not take into account your personal objectives, financial situation, or needs. Always read the Product Disclosure Statement (PDS) and seek professional advice before making decisions.

How Insurers View High Cholesterol

Life insurers assess cholesterol levels as part of the medical underwriting process. They may consider:

Your cholesterol readings (total cholesterol, HDL, LDL, triglycerides).
Stability of levels – controlled through diet, exercise, or medication.
Medical history – any related conditions such as heart disease, stroke, or diabetes.
Lifestyle factors – smoking, diet, weight, and exercise.
Age and overall health – cholesterol is one factor in a broader risk profile.

In many cases, if cholesterol is managed well, you may still qualify for standard premiums.

Tips to Improve Your Chances of Getting Cover

Provide up-to-date medical reports from your GP.
Show evidence of regular check-ups and ongoing management.
Maintain a healthy lifestyle (diet, exercise, no smoking).
Be prepared for insurers to request a blood test.

Common Outcomes for Applicants with High Cholesterol

Standard premiums – if cholesterol is controlled and no major complications exist.
Premium loadings – if cholesterol is consistently high or linked to other risks.
Exclusions – in rare cases, certain related conditions may be excluded.
Decline – if cholesterol is extremely high and unmanaged with additional health risks.

Other Types of Cover to Consider

Income Protection Insurance – replaces a portion of your income if you can’t work due to illness or injury.
TPD Insurance – provides a lump sum if you are permanently unable to work.
Trauma Cover – pays a lump sum if diagnosed with serious conditions (e.g., heart attack or stroke).

FAQs About Life Insurance with High Cholesterol

1. Will high cholesterol stop me from getting life insurance?
No, most people with high cholesterol can still get life insurance, especially if it’s well managed.

2. Will I pay higher premiums if I have high cholesterol?
Possibly. Premiums may be higher if cholesterol is consistently high or linked to other conditions.

3. Do insurers require a blood test?
Yes, many insurers will ask for a blood test to check cholesterol and overall health.

4. Can lifestyle changes help reduce premiums?
Yes. Improving diet, exercising, and not smoking can reduce risk factors and may help secure better premiums.

5. Should I disclose high cholesterol to the insurer?
Yes. Full disclosure is essential. Not disclosing could lead to denied claims later.

General Advice Disclaimer

This information is general advice only and does not take into account your personal objectives, financial situation, or needs. Always read the Product Disclosure Statement (PDS) and seek professional advice before applying for life insurance.