LIFE INSURANCE RATES WITH PRE EXISTING CONDITIONS

Written by Danny Ray

Quick Tip: To Compare Rates for pre-existing conditions fill out the instant quote form on the left!

Cheap Insurance For Pre-Existing Medical Conditions

Life Insurance with Pre-Existing Conditions… Let’s Talk…  Depending on your condition or health issues, finding a carrier that will cover you may prove to be difficult. Also, if you are able to buy life insurance, it will most likely be a high risk policy, which is significantly more expensive than standard policies.

Despite this, it is still possible to achieve cheap insurance for pre-existing medical conditions and get a decent policy. The Good News is, there are several companies that actually specialize in insuring high risk individuals that cover pre-existing conditions. So determining who has the best life insurance policy for pre-existing conditions will depend on the carrier. They all have their own niches that they specialize in. One thing is for certain, expect to pay a higher premium. 


What Kind Of Pre-Existing Condition Do You Have

This question is very relevant since life insurance companies will rate conditions differently in terms of risk and coverage for pre-existing conditions. In fact, coverage for someone with poor health will vary from carrier to carrier. For example, those with serious kinds of cancer, such as leukemia, may have trouble getting traditional level term coverage at all. Furthermore, finding proper protection with health problems may be frustrating and you might be limited on the death benefit.  

Do Not Fret  communicate with your independent life agent and they will provide a great option.  He/she is experienced with all types of life insurance and the top carriers and underwriting teams. They will know which carriers are best at the most affordable rates for you. If you are getting treatment for a major health impairment then a guaranteed acceptance may be the only option. This policy is considered permanent life insurance policy. 

In Addition...

They will need to assess how life-threatening your condition is. Luckily, advancements in medicine have to lead to people living longer and providing better treatment for all sorts of medical issues. Insurance companies are beginning to adjust to this fact, and, therefore, more and more life insurance companies are beginning to offer lower rates for those with pre-existing conditions. 

Unfortunately, purchasing a life policy will not get the same treatment a health insurance company will give as coverage is not guaranteed under the affordable care act. All in all, when you have a pre-existing condition, it is important to get coverage to relieve all financial burden for your family.   


NO MEDICAL EXAM LIFE INSURANCE WITH PRE-EXISTING CONDITIONS

YOU HAVE OPTIONS!!!

A no medical exam policy may be your best option if you’re having trouble getting accepted by a life insurance company. Since these plans do not require a medical exam, it is easier for high risk applicant to get coverage. However, these policies are more expensive.

You always want to make sure that you are working with the top rated life insurance companies. Many of them are very financially stable, so they’ll be more comfortable in taking on riskier applicants. The underwriting for a no exam is very similar as the underwriting for health insurance. 


WHAT WILL BE MY RATING ON SOME PRE-EXISTING HEALTH IMPAIRMENTS 

The following will give a range of ratings for different health impairments. It will also break down different stages of health impairment into different rating classes base on the severity of the pre-existing condition.

Multiple Sclerosis (MS) and Life Insurance

Suspected MS, but not confirmed:

  • < 2 years of event – Table 4,
  • 3-4 years of the event – Table 3,
  • 4+ years – standard (preferred possible)

Definite MS:

  • < 2 years of event – Table 6
  • 3-5 years – Table 4
  • 6-10 years – Table 3
  • After 10 years – Table 2
  • Severe Abnormalities, immobility – Decline
Life Insurance with Multiple Sclerosis

Multiple Sclerosis (MS) and Life Insurance


Prostate Cancer:

  • Standard if Older ages at diagnosis, Gleason Score < 6, No Gleason 4 or 5 reported.
  • PSA does not rise during active surveillance (watchful waiting) if over age 60.
  • PSA is persistently < 0.2 after radiation.
  • Also if PSA is persistently undetectable (<.01) after radical prostatectomy

Breast Cancer:

  • Standard if treatment completed over 5 years ago (excluding tamoxifen), and no evidence of recurrence.
  • 3- 5 years after treatment, fee extra between 5.00-10.00 per thousand.
Cancer and life insurance

Life Insurance and Cancer Patients

If you are looking for coverage with pre-existing cancer and are still being treated, then the only policy available will be a guaranteed acceptance life insurance policy. These are guaranteed and you will not be denied!!

These policies generally have graded restrictions, for more information on these types of policies please reference our Guaranteed Acceptance article.  

Above all getting coverage will always come down to the type of cancer and the stage of cancer diagnosis. For instance, if you have late stage colon cancer and you have successful treatment, waiting periods may vary compared to other cancers. Regardless, when the waiting period is over a term policy will give you the best opportunity for low months premiums. 


Type 1 and Type 2 diabetes

Type 1 Diabetes 

  • Age at issue – 18-34 Table 4-6 (lower table for a shorter duration (< 7 years) since diagnosis)
  • 35-49 Table 3-5 (lower table for a shorter duration (< 7 years) since diagnosis)
  • 50-65 Table 3-4 (lower table for a shorter duration (< 7 years) since diagnosis)
  • 66+ Table 2-4 (lower table for a shorter duration (< 7 years) since diagnosis)
  • Add 1 table per 1% of A1c over 7%

Type 2 Diabetes

single medication or diet controlled

  • Age of Onset 0-17 – Decline
  • 18-34 – Table 3-5
  • 35-49 – Table 2-4
  • 50-65 – Table 1-3
  • Age of Onset 66+ – Standard Plus – Table 2
  • Add 1 table per 1% of A1C over 7%
  • If 2 medications, add 1 table
affordable life insurance and type 2 diabetes

Life Insurance and type 2 diabetes

Furthermore, in most cases when a consumer is managing their diabetes, it's very common to be on a maintenance of high blood pressure medications in addition to a cholesterol medication. In fact, these medications in combination with metformin is a very common treatment regimen. 

When it comes to underwriting, taking these medications really won't have an adverse affect on your rate as its not being treated for an underlying condition. 


  • Any surgical corrections – postpone 12 months
  • Complex partial, Tonic-clonic, infantile spasms;(within 6 months -postpone, within 2 years of last seizure-table 3, 3-5 years – table 2, after 5 years Std)
  • Simple partial, Nocturnal, generalized absence;
    (Within 2 years of last seizure – table 3, after 2 years, standard)
  • Metabolic brain disease, status epilepticus;
    (within 5 years, decline
  • Epilepsy and Life Insurance Rates

    Life Insurance With Pre-existing Conditions such as Epilepsy/Seizure Disorders


    PinnacleQuote's Simple Process

    We are not in the business of selling. We are actually against that. We like to educate our clients and provide them with the best options. We based those options on the 

    specific profile of the client. So we tailor make you a

    life insurance policy


  • Mild – Standard Plus possible
  • Moderate – Standard
  • Moderate untreated – Table 2
  • Moderately Severe – CPAP nightly – Standard – Table 2
  • Severe, non-compliant – Decline
  • Life Insurance with Sleep Apnea

    Life Insurance WIth Pre-existing Condition Sleep Apnea


    Assuming no other impairments present:

    •  No cardiac evaluation – Table 7 to decline
    • No structural heart disease – Table 3
    • Current heart failure – Decline
    • Paroxysmal/Intermittent/Recurrent – Standard possible
    • Single episode, resolved – No rating, Preferred possible
    Chronic Afib

    LIfe Insurance With Pre-Existing Condition AFIB


  • < 40 – Decline
  • 40-50, after 12 months – Table 8
  • Age 50+, 3+ years – Table 4
  • Age 50+, 5+ years – Table 3
  • Life Insurance Rates and Heart Attack

    Life Insurance After A Heart Attack


  • Mild – Stable, maybe taking psychiatric med but no antipsychotic or MAO inhibitor. No suicide attempts or thoughts of suicide in the past 3 years. – Standard
  • Moderate – Psychiatric medication dosages increased in the past 12 months, no suicide ideation in the past 6 months. Table 2
  • Severe – Use of MAO inhibitor, changes to medication dosages. – Table 4
  • Bipolar Disorder

    Life insurance Rates With Bipolar Disorder


    HOW DO I FIND THE LOWEST RATES WITH PRE-EXISTING CONDITIONS

    There are several things you can do to lower your life insurance rates. Maybe the most important thing is to compare multiple quotes before deciding on which insurance company you want to go with.

    Each life insurance company has different medical underwritings. This means that their assessment of people’s risk levels will vary. For example, those with controlled type 2 diabetes may be able to find some really affordable rates with some companies, while other companies will label them high risk simply because of their diabetes diagnosis.

    Therefore, comparing rates can save you a considerable amount of money on life insurance. You can hire an independent insurance agent to help you with this process. In fact, hiring an agent is usually a great investment — they’ll know right off the bat which companies to connect you with, and which companies to avoid. Since they’ll have a lot of experience in the life insurance industry, an agent can be your best shot at finding affordable coverage.

    There are other ways to get cheap and affordable protection, aside from simply comparing companies. Your general health level will have a major impact on your quote. Anything you can do to make a better impression with the life insurance company before you apply is highly recommended. Below, we’ll list a few things you can do before applying that will help get you a more affordable policy:


    PinnacleQuote's Simple Process

    We are not in the business of selling. We are actually against that. We like to educate our clients and provide them with the best options. We based those options on the 

    specific profile of the client. So we tailor make you a

    life insurance policy


    HOW MUCH LIFE INSURANCE SHOULD I GET

    Choosing the amount of coverage to buy is a huge decision. You want to make sure that you get a large enough life insurance policy to support your family after you pass. Below, we’ll list some things you may want to consider covering:

    • Mortgage(s)
    • Any debts you may have
    • Children’s college tuition
    • Final expenses (funeral services usually cost around $10,000)
    • Replacement of salary or retirement income

    Once you figure out everything you’d like covered, then it’s time to calculate the total cost. From there, you’ll have a better understanding of how much life insurance you’ll need.


    TOP TIPS WHEN SHOPPING FOR LIFE INSURANCE WITH PRE-EXISTING CONDITIONS

    Even though you may have a pre-existing medical illness, such as heart diseasehigher blood pressurediabetesobesitycancer, and liver or kidney disorder. Above all, this does not mean you’ll be declined coverage. However, it may increase the rate and cause the life insurance process to lengthen.

    Here are some tips to help simplify the procedure despite any healthcare problems on your history.

    Finding the right agent will enable you to continue to keep the process going and secure the very best prices available. With an independent life agent, you are able to maximize a carrier that can best fit your needs and which kind of policies to take into account.

    But in case you’ve got a pre-existing illness, it is essential to be patient, as getting high-risk life insurance policy will probably need more work upfront to both you and your representative.

    Ensure that you investigate your options and know exactly what you have to do and what questions you’re going to be asked about your wellbeing. Needed documents frequently include prescription info, cover letters describing your health difficulties or more comprehensive information if your broker wishes to have a quote by a provider.

    Pre existing heart issues


    However, before you even speak with an agent, collect as much info about your condition as possible. You might require dates and documentation of healthcare diagnoses or treatments in addition to the title, frequency, and doses of any medicines you require. With this information handy can cut the guesswork out of your broker so they are able to pair you with a suitable carrier.


    Best Option For Pre-Existing Conditions?
    Finding An Independent Agent

    PinnacleQuote independent agent can shop current rates from more than 1 carrier, usually dozens. Working with an independent agency not only lets you observe every one the policies available for you, but in addition, it simplifies the hassle of shopping around and calling lots of distinct agents or brokers. This saves you time, money and the aggravation of having to talk to multiple agents just trying to sell you high commission products. Independent agents can isolate the one carrier that will give you the best rate. On the reverse side, a captive agent functions with one insurance company. They are very limited in what they can offer, as far as products and price.

    Above all, as your independent life agent, I will help steer you to the provider where you will qualify for the cheapest premiums based on previous and present health. With over 25 years experience, I will present your own situation in a way that will give us the best chance for success. In some cases this may require a simple doctors letter, searching pre approvals or even assisting you to select between carriers according to medical evaluation requirements. All in all, I am experienced in providing the best coverage for ANY health impairment!

    Finding an agent that puts your interest ahead of their own can be challenging. Many consumers begin with obtaining a referral or looking on the internet for a neighborhood agent. It's important to realize that these are most cases a captive agent. A captive agent is very limited on the products they offer. But in case you’ve got a health condition, make sure you search for somebody with experience in that specific circumstance or an agent that specializes in high-risk coverages. Here at PinnacleQuote, we specialize in ALL health impairments.


    BEING HONEST AND UPFRONT ABOUT YOUR PRE-EXISTING CONDITION

    Be as open as you can when talking to your broker. Know he or she’s in your side and functioning for your benefit, however, the broker’s actions will be dependent on the information obtained from you.

    Having appropriate dates of doctors visits, tests and treatments can help a good deal. Knowing drugs, doses, and data from previous laboratory results can also be very helpful. You need to bring to the table whatever you can that would be concerning your problem. THE MORE THE AGENT KNOWS, THE MORE HE CAN DO FOR YOU!!


    CHECK OUT THE RATES TO MULTIPLE CARRIERS

    Above all, use your independent agent’s experience and know how to shop around to find the best coverage is your best commodity. The secret is that your independent agent will understand and know the carriers that will be most lenient to your condition. This will result in the best product for you. This is particularly essential for high-risk scenarios since health impairments might be assessed differently from 1 carrier to another.

    You and your agent need to pick a company you are familiar with and comfortable with. Your agent also needs to have the ability to answer any questions or worries you have with each individual provider.  Most important, to assist you in comparing them for your condition rather than your cost.


    PRE-EXISTING CONDITIONS, CHOOSING THE BEST PRODUCT FOR YOU

    Depending on the health impairment, you could be limited on the types of coverage you are able to apply for or is available to you.

    For example, fully underwritten policies require an exam. In most cases, the exam is very similar that to a yearly physical exam. There will also be a prescription check based off your SS#.  In addition,  attending physicians statement, (APS), which is a doctor’s statement. But with a few pre-existing conditions, you might not have the ability to meet the requirements for a completely underwritten coverage, therefore a conventional term life insurance policy alternative (covering you for a particular quantity of time) will be off the table. Additionally, some riders or benefits, such as, for instance, a waiver of the premium rider which protects you in the event of disability, might not be accessible to people with specific diminished risks.

    guaranteed acceptance life insurance plan guarantees you cannot be declined and does not have any medical questions or examinations. While it sounds amazing, you’re going to be considerably restricted by how much coverage you are able to purchase, you will pay more in insurance premiums.  They also come with a grading period, which might not offer you complete benefits for 2-3 years. These policies must be your very last resort due to the high premiums and limited coverage.


    TAKING A MEDICAL EXAM COULD SAVE YOU MONEY

    When your doctor and agent is on the same page, it can make the entire process easier. In some cases, the is very beneficial when you’re seeing multiple doctors or specialists. This makes it easier to request information from some other medical professionals you have seen regarding your problem.

    Communicating with your physician to guarantee accuracy and efficacy is also key. More than half the time medical records are either not up to date or have verbiage that is not right. Not only would you like to make sure that your file is up-to-date and appropriate. But you also wish to alert the physician’s office beforehand so that it may send the paperwork to the appropriate location immediately. In fact, doing this can speed up the process form weeks to days.

    Having any kind of health impairment in your medical history may result in much more scrutiny when you look for life insurance coverage. However, an investment of time upfront can help save you money and time down the road. It can also allow your agent to do what he does best, getting you the best option at the best price!


    PRE-EXISTING MEDICAL CONDITIONS AND LIFE INSURANCE

    VIDEO

    Call Us Today To Go Over Your Options 855-380-3300



    PinnacleQuote Life Insurance Specialists

    My name is Danny Ray.  Not only am I the Agent here at PinnacleQuote, I am also the Founder and Owner.  My goal is to make sure you have the most affordable options available to you and to help you make the best choice. There is no "one size fits all" in life insurance. I will tailor make you a policy that fits YOUR family's needs. I also have a family, so not only do I understand how important your family is to you, I would offer you the same products that I have for my own family. 

    Not only am I a National Independent Agent in 49 states with clients in every state except Hawaii, but I am also one of the Premier Life Insurance Agents to my friends and loved ones here in Jacksonville, FL. 

    Allow me the opportunity to show you my passion and dedication in the art of life insurance.  Call me with any questions you may have.  PinnacleQuote (855) 380-3300. 

    Life Insurance ~  The Last Way to say  "I LOVE YOU"

    Term Life Insurance

    Danny Ray ~Founder/Owner of PinnacleQuote

    Danny Ray & Lisamarie Monaco Contributed To This Article
    Danny Ray & Lisamarie Monaco Contributed To This Article

    Quick Tip: To Compare Rates for pre-existing conditions fill out the instant quote form on the left!

    Cheap Insurance For Pre-Existing Medical Conditions

    Life Insurance with Pre-Existing Conditions… Let’s Talk…  Depending on your condition or health issues, finding a carrier that will cover you may prove to be difficult. Also, if you are able to buy life insurance, it will most likely be a high risk policy, which is significantly more expensive than standard policies.

    Despite this, it is still possible to achieve cheap insurance for pre-existing medical conditions and get a decent policy. The Good News is, there are several companies that actually specialize in insuring high risk individuals that cover pre-existing conditions. So determining who has the best life insurance policy for pre-existing conditions will depend on the carrier. They all have their own niches that they specialize in. One thing is for certain, expect to pay a higher premium. 


    What Kind Of Pre-Existing Condition Do You Have

    This question is very relevant since life insurance companies will rate conditions differently in terms of risk and coverage for pre-existing conditions. In fact, coverage for someone with poor health will vary from carrier to carrier. For example, those with serious kinds of cancer, such as leukemia, may have trouble getting traditional level term coverage at all. Furthermore, finding proper protection with health problems may be frustrating and you might be limited on the death benefit.  

    Do Not Fret  communicate with your independent life agent and they will provide a great option.  He/she is experienced with all types of life insurance and the top carriers and underwriting teams. They will know which carriers are best at the most affordable rates for you. If you are getting treatment for a major health impairment then a guaranteed acceptance may be the only option. This policy is considered permanent life insurance policy. 

    In Addition...

    They will need to assess how life-threatening your condition is. Luckily, advancements in medicine have to lead to people living longer and providing better treatment for all sorts of medical issues. Insurance companies are beginning to adjust to this fact, and, therefore, more and more life insurance companies are beginning to offer lower rates for those with pre-existing conditions. 

    Unfortunately, purchasing a life policy will not get the same treatment a health insurance company will give as coverage is not guaranteed under the affordable care act. All in all, when you have a pre-existing condition, it is important to get coverage to relieve all financial burden for your family.   


    NO MEDICAL EXAM LIFE INSURANCE WITH PRE-EXISTING CONDITIONS

    YOU HAVE OPTIONS!!!

    A no medical exam policy may be your best option if you’re having trouble getting accepted by a life insurance company. Since these plans do not require a medical exam, it is easier for high risk applicant to get coverage. However, these policies are more expensive.

    You always want to make sure that you are working with the top rated life insurance companies. Many of them are very financially stable, so they’ll be more comfortable in taking on riskier applicants. The underwriting for a no exam is very similar as the underwriting for health insurance. 


    WHAT WILL BE MY RATING ON SOME PRE-EXISTING HEALTH IMPAIRMENTS 

    The following will give a range of ratings for different health impairments. It will also break down different stages of health impairment into different rating classes base on the severity of the pre-existing condition.

    Multiple Sclerosis (MS) and Life Insurance

    Suspected MS, but not confirmed:

    • < 2 years of event – Table 4,
    • 3-4 years of the event – Table 3,
    • 4+ years – standard (preferred possible)

    Definite MS:

    • < 2 years of event – Table 6
    • 3-5 years – Table 4
    • 6-10 years – Table 3
    • After 10 years – Table 2
    • Severe Abnormalities, immobility – Decline
    Life Insurance with Multiple Sclerosis

    Multiple Sclerosis (MS) and Life Insurance


    Prostate Cancer:

    • Standard if Older ages at diagnosis, Gleason Score < 6, No Gleason 4 or 5 reported.
    • PSA does not rise during active surveillance (watchful waiting) if over age 60.
    • PSA is persistently < 0.2 after radiation.
    • Also if PSA is persistently undetectable (<.01) after radical prostatectomy

    Breast Cancer:

    • Standard if treatment completed over 5 years ago (excluding tamoxifen), and no evidence of recurrence.
    • 3- 5 years after treatment, fee extra between 5.00-10.00 per thousand.
    Cancer and life insurance

    Life Insurance and Cancer Patients

    If you are looking for coverage with pre-existing cancer and are still being treated, then the only policy available will be a guaranteed acceptance life insurance policy. These are guaranteed and you will not be denied!!

    These policies generally have graded restrictions, for more information on these types of policies please reference our Guaranteed Acceptance article.  

    Above all getting coverage will always come down to the type of cancer and the stage of cancer diagnosis. For instance, if you have late stage colon cancer and you have successful treatment, waiting periods may vary compared to other cancers. Regardless, when the waiting period is over a term policy will give you the best opportunity for low months premiums. 


    Type 1 and Type 2 diabetes

    Type 1 Diabetes 

    • Age at issue – 18-34 Table 4-6 (lower table for a shorter duration (< 7 years) since diagnosis)
    • 35-49 Table 3-5 (lower table for a shorter duration (< 7 years) since diagnosis)
    • 50-65 Table 3-4 (lower table for a shorter duration (< 7 years) since diagnosis)
    • 66+ Table 2-4 (lower table for a shorter duration (< 7 years) since diagnosis)
    • Add 1 table per 1% of A1c over 7%

    Type 2 Diabetes

    single medication or diet controlled

    • Age of Onset 0-17 – Decline
    • 18-34 – Table 3-5
    • 35-49 – Table 2-4
    • 50-65 – Table 1-3
    • Age of Onset 66+ – Standard Plus – Table 2
    • Add 1 table per 1% of A1C over 7%
    • If 2 medications, add 1 table
    affordable life insurance and type 2 diabetes

    Life Insurance and type 2 diabetes

    Furthermore, in most cases when a consumer is managing their diabetes, it's very common to be on a maintenance of high blood pressure medications in addition to a cholesterol medication. In fact, these medications in combination with metformin is a very common treatment regimen. 

    When it comes to underwriting, taking these medications really won't have an adverse affect on your rate as its not being treated for an underlying condition. 


  • Any surgical corrections – postpone 12 months
  • Complex partial, Tonic-clonic, infantile spasms;(within 6 months -postpone, within 2 years of last seizure-table 3, 3-5 years – table 2, after 5 years Std)
  • Simple partial, Nocturnal, generalized absence;
    (Within 2 years of last seizure – table 3, after 2 years, standard)
  • Metabolic brain disease, status epilepticus;
    (within 5 years, decline
  • Epilepsy and Life Insurance Rates

    Life Insurance With Pre-existing Conditions such as Epilepsy/Seizure Disorders


    PinnacleQuote's Simple Process

    We are not in the business of selling. We are actually against that. We like to educate our clients and provide them with the best options. We based those options on the 

    specific profile of the client. So we tailor make you a

    life insurance policy


  • Mild – Standard Plus possible
  • Moderate – Standard
  • Moderate untreated – Table 2
  • Moderately Severe – CPAP nightly – Standard – Table 2
  • Severe, non-compliant – Decline
  • Life Insurance with Sleep Apnea

    Life Insurance WIth Pre-existing Condition Sleep Apnea


    Assuming no other impairments present:

    •  No cardiac evaluation – Table 7 to decline
    • No structural heart disease – Table 3
    • Current heart failure – Decline
    • Paroxysmal/Intermittent/Recurrent – Standard possible
    • Single episode, resolved – No rating, Preferred possible
    Chronic Afib

    LIfe Insurance With Pre-Existing Condition AFIB


  • < 40 – Decline
  • 40-50, after 12 months – Table 8
  • Age 50+, 3+ years – Table 4
  • Age 50+, 5+ years – Table 3
  • Life Insurance Rates and Heart Attack

    Life Insurance After A Heart Attack


  • Mild – Stable, maybe taking psychiatric med but no antipsychotic or MAO inhibitor. No suicide attempts or thoughts of suicide in the past 3 years. – Standard
  • Moderate – Psychiatric medication dosages increased in the past 12 months, no suicide ideation in the past 6 months. Table 2
  • Severe – Use of MAO inhibitor, changes to medication dosages. – Table 4
  • Bipolar Disorder

    Life insurance Rates With Bipolar Disorder


    HOW DO I FIND THE LOWEST RATES WITH PRE-EXISTING CONDITIONS

    There are several things you can do to lower your life insurance rates. Maybe the most important thing is to compare multiple quotes before deciding on which insurance company you want to go with.

    Each life insurance company has different medical underwritings. This means that their assessment of people’s risk levels will vary. For example, those with controlled type 2 diabetes may be able to find some really affordable rates with some companies, while other companies will label them high risk simply because of their diabetes diagnosis.

    Therefore, comparing rates can save you a considerable amount of money on life insurance. You can hire an independent insurance agent to help you with this process. In fact, hiring an agent is usually a great investment — they’ll know right off the bat which companies to connect you with, and which companies to avoid. Since they’ll have a lot of experience in the life insurance industry, an agent can be your best shot at finding affordable coverage.

    There are other ways to get cheap and affordable protection, aside from simply comparing companies. Your general health level will have a major impact on your quote. Anything you can do to make a better impression with the life insurance company before you apply is highly recommended. Below, we’ll list a few things you can do before applying that will help get you a more affordable policy:


    PinnacleQuote's Simple Process

    We are not in the business of selling. We are actually against that. We like to educate our clients and provide them with the best options. We based those options on the 

    specific profile of the client. So we tailor make you a

    life insurance policy


    HOW MUCH LIFE INSURANCE SHOULD I GET

    Choosing the amount of coverage to buy is a huge decision. You want to make sure that you get a large enough life insurance policy to support your family after you pass. Below, we’ll list some things you may want to consider covering:

    • Mortgage(s)
    • Any debts you may have
    • Children’s college tuition
    • Final expenses (funeral services usually cost around $10,000)
    • Replacement of salary or retirement income

    Once you figure out everything you’d like covered, then it’s time to calculate the total cost. From there, you’ll have a better understanding of how much life insurance you’ll need.


    TOP TIPS WHEN SHOPPING FOR LIFE INSURANCE WITH PRE-EXISTING CONDITIONS

    Even though you may have a pre-existing medical illness, such as heart diseasehigher blood pressurediabetesobesitycancer, and liver or kidney disorder. Above all, this does not mean you’ll be declined coverage. However, it may increase the rate and cause the life insurance process to lengthen.

    Here are some tips to help simplify the procedure despite any healthcare problems on your history.

    Finding the right agent will enable you to continue to keep the process going and secure the very best prices available. With an independent life agent, you are able to maximize a carrier that can best fit your needs and which kind of policies to take into account.

    But in case you’ve got a pre-existing illness, it is essential to be patient, as getting high-risk life insurance policy will probably need more work upfront to both you and your representative.

    Ensure that you investigate your options and know exactly what you have to do and what questions you’re going to be asked about your wellbeing. Needed documents frequently include prescription info, cover letters describing your health difficulties or more comprehensive information if your broker wishes to have a quote by a provider.

    Pre existing heart issues


    However, before you even speak with an agent, collect as much info about your condition as possible. You might require dates and documentation of healthcare diagnoses or treatments in addition to the title, frequency, and doses of any medicines you require. With this information handy can cut the guesswork out of your broker so they are able to pair you with a suitable carrier.


    Best Option For Pre-Existing Conditions?
    Finding An Independent Agent

    PinnacleQuote independent agent can shop current rates from more than 1 carrier, usually dozens. Working with an independent agency not only lets you observe every one the policies available for you, but in addition, it simplifies the hassle of shopping around and calling lots of distinct agents or brokers. This saves you time, money and the aggravation of having to talk to multiple agents just trying to sell you high commission products. Independent agents can isolate the one carrier that will give you the best rate. On the reverse side, a captive agent functions with one insurance company. They are very limited in what they can offer, as far as products and price.

    Above all, as your independent life agent, I will help steer you to the provider where you will qualify for the cheapest premiums based on previous and present health. With over 25 years experience, I will present your own situation in a way that will give us the best chance for success. In some cases this may require a simple doctors letter, searching pre approvals or even assisting you to select between carriers according to medical evaluation requirements. All in all, I am experienced in providing the best coverage for ANY health impairment!

    Finding an agent that puts your interest ahead of their own can be challenging. Many consumers begin with obtaining a referral or looking on the internet for a neighborhood agent. It's important to realize that these are most cases a captive agent. A captive agent is very limited on the products they offer. But in case you’ve got a health condition, make sure you search for somebody with experience in that specific circumstance or an agent that specializes in high-risk coverages. Here at PinnacleQuote, we specialize in ALL health impairments.


    BEING HONEST AND UPFRONT ABOUT YOUR PRE-EXISTING CONDITION

    Be as open as you can when talking to your broker. Know he or she’s in your side and functioning for your benefit, however, the broker’s actions will be dependent on the information obtained from you.

    Having appropriate dates of doctors visits, tests and treatments can help a good deal. Knowing drugs, doses, and data from previous laboratory results can also be very helpful. You need to bring to the table whatever you can that would be concerning your problem. THE MORE THE AGENT KNOWS, THE MORE HE CAN DO FOR YOU!!


    CHECK OUT THE RATES TO MULTIPLE CARRIERS

    Above all, use your independent agent’s experience and know how to shop around to find the best coverage is your best commodity. The secret is that your independent agent will understand and know the carriers that will be most lenient to your condition. This will result in the best product for you. This is particularly essential for high-risk scenarios since health impairments might be assessed differently from 1 carrier to another.

    You and your agent need to pick a company you are familiar with and comfortable with. Your agent also needs to have the ability to answer any questions or worries you have with each individual provider.  Most important, to assist you in comparing them for your condition rather than your cost.


    PRE-EXISTING CONDITIONS, CHOOSING THE BEST PRODUCT FOR YOU

    Depending on the health impairment, you could be limited on the types of coverage you are able to apply for or is available to you.

    For example, fully underwritten policies require an exam. In most cases, the exam is very similar that to a yearly physical exam. There will also be a prescription check based off your SS#.  In addition,  attending physicians statement, (APS), which is a doctor’s statement. But with a few pre-existing conditions, you might not have the ability to meet the requirements for a completely underwritten coverage, therefore a conventional term life insurance policy alternative (covering you for a particular quantity of time) will be off the table. Additionally, some riders or benefits, such as, for instance, a waiver of the premium rider which protects you in the event of disability, might not be accessible to people with specific diminished risks.

    guaranteed acceptance life insurance plan guarantees you cannot be declined and does not have any medical questions or examinations. While it sounds amazing, you’re going to be considerably restricted by how much coverage you are able to purchase, you will pay more in insurance premiums.  They also come with a grading period, which might not offer you complete benefits for 2-3 years. These policies must be your very last resort due to the high premiums and limited coverage.


    TAKING A MEDICAL EXAM COULD SAVE YOU MONEY

    When your doctor and agent is on the same page, it can make the entire process easier. In some cases, the is very beneficial when you’re seeing multiple doctors or specialists. This makes it easier to request information from some other medical professionals you have seen regarding your problem.

    Communicating with your physician to guarantee accuracy and efficacy is also key. More than half the time medical records are either not up to date or have verbiage that is not right. Not only would you like to make sure that your file is up-to-date and appropriate. But you also wish to alert the physician’s office beforehand so that it may send the paperwork to the appropriate location immediately. In fact, doing this can speed up the process form weeks to days.

    Having any kind of health impairment in your medical history may result in much more scrutiny when you look for life insurance coverage. However, an investment of time upfront can help save you money and time down the road. It can also allow your agent to do what he does best, getting you the best option at the best price!


    PRE-EXISTING MEDICAL CONDITIONS AND LIFE INSURANCE

    VIDEO

    Call Us Today To Go Over Your Options 855-380-3300



    PinnacleQuote Life Insurance Specialists

    My name is Danny Ray.  Not only am I the Agent here at PinnacleQuote, I am also the Founder and Owner.  My goal is to make sure you have the most affordable options available to you and to help you make the best choice. There is no "one size fits all" in life insurance. I will tailor make you a policy that fits YOUR family's needs. I also have a family, so not only do I understand how important your family is to you, I would offer you the same products that I have for my own family. 

    Not only am I a National Independent Agent in 49 states with clients in every state except Hawaii, but I am also one of the Premier Life Insurance Agents to my friends and loved ones here in Jacksonville, FL. 

    Allow me the opportunity to show you my passion and dedication in the art of life insurance.  Call me with any questions you may have.  PinnacleQuote (855) 380-3300. 

    Life Insurance ~  The Last Way to say  "I LOVE YOU"

    Term Life Insurance

    Danny Ray ~Founder/Owner of PinnacleQuote

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