Term Insurance For Pre Existing Medical Conditions – So wait, you’re not perfect? That’s right – no one turns out. But you can probably still get affordable coverage.

Let’s face it, we all have problems. And if Covid-19 has taught us anything, it’s that it’s important to take care of ourselves – physically and mentally – and take care of those we love. But what about the health problems and medical conditions you may already have or have no control over? It is estimated that up to half of all non-elderly people living in the US have some type of pre-existing health condition. If you are among this half of the country and need life insurance, there is a good chance you can still get the protection you and your family deserve.

Term Insurance For Pre Existing Medical Conditions

Term Insurance For Pre Existing Medical Conditions

Having a condition such as a heart murmur, palpitations or coronary artery disease will still allow you to get life insurance. Even if you have had a heart attack, you may still be eligible for insurance. A life insurance company will want to know the severity of the condition and if the condition has been treated, under control or if there are other underlying health issues associated with the condition.

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According to the Center for Disease Control and Prevention, 1 in 10 Americans has diabetes. The good news is that most type 1 and type 2 cases will not prevent you from getting coverage. If you have either type, a life insurance company may want to learn more from you, including your blood sugar and/or cholesterol levels. They will also want to know when you were diagnosed (a diagnosis later in life will give you a better chance of getting treatment).

Recreational use of tobacco and marijuana will not prevent you from being protected. If you use either (or both), a life insurance company will need to know how often. If you use marijuana for medicinal purposes, they will also want to know the condition(s) it is being used to treat.

The medical world has made incredible progress in diagnosing and treating these common cancers. If you’ve had either, life insurance can still be an option – especially if you’re three years post-treatment. An insurance company will want to hear more about the stage and grade of the tumor and how you were treated (chemotherapy, radiation, surgery, or a combination of treatments).

According to the Anxiety and Depression Association of America, anxiety affects about 40 million adults in the United States. If you suffer from either or both, it’s important that you get the help you need first. And second, know that you can still get the life insurance protection you and your loved ones deserve.

How To Get Life Insurance With Pre Existing Conditions

If you take steps to stay healthy and actively manage your health conditions, life insurance companies will take that into account when calculating your policy rate.

For example, you may have a heart condition, but you have been managing it with the right medications for years. Or maybe you’ve lived with diabetes all your life and can show that your blood sugar is under control with recent labs. Any documentation of effective treatment and regular doctor checkups could help you get lower life insurance rates.

Below is a sample to show how typical marijuana habits can affect monthly insurance prices with us. Our example is a 30-year-old man in excellent health applying for a $500,000, 30-year term life policy.

Term Insurance For Pre Existing Medical Conditions

Talk to a licensed Legal & General America (LGA) life insurance advisor who can answer any questions you may have or fill out our online application (it only takes about 15 minutes to apply). If you want to talk to someone first, we’re here for you.

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LGA is one of the few specialist life insurance companies that accepts pre-existing conditions. We are a top term life provider in the US and we are ready to work with you to get the best rate – regardless of your health condition. Our goal is to educate and advise on life insurance options, so you can feel confident makes the right choice, whether through it or elsewhere. To ensure that we provide accurate and reliable information, our writers follow strict editorial standards.

It is usually possible to get life insurance with pre-existing conditions. Having a health problem does not automatically disqualify you from coverage. However, the cost of your policy may be higher depending on your health status.

In this guide, we’ll explain how you can get life insurance with your pre-existing condition and give advice on how you can get the best deal.

A life insurance company pays a death benefit to the policy beneficiary if an insured person dies. Each policy can be worth anywhere from $10,000 to over $65, 000, 000. Each insurance company has thousands or millions of customers.

National Brokerage Atlantic, Inc.

Insurance companies need to be smart about who they insure. They cannot accept all applicants. Risk and long-term financial viability must be balanced in order to pay future claims.

To determine how much an applicant with a medical condition will pay for life insurance, companies want to know:

After you apply, the company’s underwriters will review your application, medical records, and life insurance medical exam results to assess your risk level and assign a corresponding risk class.


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