Just because you have a health condition or some type of medical problem doesn’t mean that you are going to be declined for life insurance. Sure, you will likely pay more than someone who is in excellent health but the reality is that in most cases, life insurance coverage can be obtained and usually at a much more affordable rate than you think!
If you have a history of medical issues, and need life insurance, there are some things that you can do to find a policy that will cover your needs without breaking the bank. However, if you want the best results, it is going to take personal involvement and a qualified independent insurance agent.
A top agent, one that is focused on getting you the best results and not simply interested in writing you a policy and moving on to the next person, will have a clear understanding of your specific health condition as well as experience in helping people with your condition get affordable life insurance.
One way to identify an agent’s qualifications is to ask for references or client testimonials. Any agent worth their weight in salt will be able to give you the names of some people with your medical condition that he/she has helped. If you are not working with a pro, you can forget finding the most competitive life insurance policy.
Once you have identified a top life insurance agent, one that has your best interest at heart, you need to gain a clear idea of your specific health situation and work with your agent to identify the life insurance company that will treat you most favorably. In order to do so, you will need to know your diagnosis and level of control of your condition.
Getting the best rate for life insurance requires you to control your condition and get your “risk factors” managed as best as possible. Having your lab report numbers and readings at levels that are as close to normal as possible will go a long way to painting the right picture to the life isnurance underwriters.
With the right information and good control of the “risk factors” associated with your condition, your agent will be equipped to go out to many life insurance companies to present your case and uncover your best possible options.