“The body mass index has long been criticized as a flawed indicator of health. A replacement has been gaining support: the body roundness index.” Article unfortunately doesn’t give the freaking formula for chrissakes; it’s “364.2 − 365.5 × √(1 − [waist circumference in centimeters / 2π]2 / [0.5 × height in centimeters]2), according to the formula developed by Thomas et al.10”
I’m guessing you’re a female? 9-12% definitely isn’t a healthy long-term fat percentage for women. Personally I think women look better with a little more padding anyways.
Explain that to the insurance company, that seems to be the relevant problem here.