Life Insurance and Health Conditions

Life Insurance Considerations

Three Things to Keep in Mind

If you’re interested in purchasing life insurance, you should consider the following:

Never assume a health condition automatically disqualifies you from obtaining life insurance.
Sure, maybe your health is less than perfect but you may be eligible for coverage,
so always check with a licensed insurance agent to be sure.
Always be honest about your medical history. Failing to mention a major surgery, serious diagnosis
or knowingly misrepresenting your health history could compromise a future claim.
The best time to get covered is when you’re young and healthy. The last, and quite possibly most important recommendation:
don’t wait, the earlier you can apply the better — especially if you have a health condition.
Down the road, if your medical status takes a turn, it could become significantly harder to obtain coverage.

Disqualifying Life Insurance Conditions

In reality, many common and manageable conditions won’t disqualify you from being approved for a policy.
It varies by insurer and may affect the cost of coverage, but many companies will grant coverage to people with:

Health conditions a medical professional is helping them successfully manage:
These conditions could include high cholesterol, hypertension, asthma, thyroid conditions, heart murmurs, diabetes, being overweight and more.
More serious conditions in their past: This can include heart attack or heart surgery, cancer, stroke and other diseases.
Though insurers’ pre-coverage medical exams and the individuals they choose to insure may differ,
most will consider the type and severity of the illness, the time that’s elapsed since the diagnosis
and the stability of their health and treatment regimen, before making a decision.

For all of your Life insurance questions, call or contact me at cory@bigcory.com, (707) 419-5787, or click contact us to get in touch right now.