Why do life insurance companies do blood tests?

Why do life insurance companies do blood tests?

Insurers use your blood test to confirm the information you’ve already provided on your application and understand your overall health. The healthier you are, the better your rates will be. Can’t stand needles? If you want to skip the blood test, you can choose a no medical exam life insurance policy instead.

See also  Can I cancel my 401k and cash out?