Do you think you have a condition that will disqualify you from life insurance eligibility? Think again.
We understand that you want to protect your loved ones when you are no longer around to take care of them. Having a life insurance policy will give you peace of mind because you will know that your family’s needs will be covered after you’re gone.
So what do you do if you’re concerned that your health issues will impact your qualification status for life insurance? Don’t worry there is good life insurance policies out there that will cover you! In this blog we explain how you can qualify for a life insurance policy.
Take a Look at the Big Picture
According to the 2017 Insurance Barometer Study by Life Happens and LIMRA, roughly 85% of consumers agree that most people need life insurance, yet only 59% actually have insurance. Why is there such a disparity?
For one, there are numerous factors that can contribute to a person’s ability to purchase insurance, including:
- Recently being diagnosed with heart disease
- Being diagnosed with heart disease before the age of 50
- Recently being diagnosed with a major disease like cancer
- Having significant mental health issues
- Having kidney and/or liver disease
- Wrongly thinking they don’t qualify
Getting Through the Roadblocks
The truth is, most health histories can be insured if the person just looks around for the right company offering an affordable rate.
If you are dealing with a serious health conditions, remember that life insurance companies take note when people show they are working to improve or properly maintain their health. So if you are over the age of 50 and have been diagnosed with heart disease, but your lifestyle choices have resolved your condition for a few years, you can qualify for a life insurance policy. If you have control of your diabetes through diet and medication, you might also be able to qualify. The same goes for mental health if it is managed with medication and you lead a normal life.
The more closely you adhere to your doctor’s guidelines, the more likely it is that you will qualify for a life insurance policy.
Do you need help choosing a life insurance policy that is right for you and your family? Contact our team of Atlanta insurance administrators to discuss the products and services we offer.