Crohn’s disease life insurance coverage is attainable
Sure, finding crohn’s disease life insurance coverage may be more difficult to find. But, if you know the secrets you can definitely make the search much easier.
You see, their are a few life insurance companies in the United States that do a much better job underwriting crohn’s disease life insurance.
These companies are typically what we in the industry call “special risk ” underwriters. Of course, most carriers have no problem underwriting and securing protection for people who are in excellent health. It takes a company that has a niche in a particular area, whether it be crohn’s disease life insurance, heart by-pass disease life insurance or post cancer disease life insurance.
The secret is working with an agent or agency who is also in the “special risk” arena.
These agents or agency’s are typically independent agents who represented dozens and dozens of carriers. They also will have many years of experience and knowledge underwriting crohn’s disease life insurance coverage.
Who are some of the best life insurance carriers?
Below you will find some of the top life insurance companies who do an excellent job undewriting crohn’s disease life insurance coverage:
- Prudential
- Lincoln National Life
- Principal Life
- Mutual of Omaha
- Banner Life
- Transamerica Life
- North American Life
These are some of the top life insurance companies in the United States. What may be surprising to many is they are also special risk life insurance carriers. So, they have expertise in underwriting those with pre-existing medical conditions.
How to go about getting the best offer with a medical condition?
Okay, so now you know that you need to use a company that specializes in underwriting your particular type of risk. And you know you need to use an agent or agency who represents those type of carriers. So, how do you find them?
Luckily, you have landed on this page. We are experts at finding the lowest cost life insurance for those with a history of crohn’s disease or ulcerative colitis.
The first thing we will need to do is ask you some basic questions such as:
- Date of birth
- Height/weight
- Any history of tobacco use
- Date of diagnosis
- When was last episode
- Have you had any complications
- Any surgery
- Any other medical history such as high blood pressure, diabetes, kidney disease, etc.
- Current medications
- Any family history of crohn’s disease, cancer or heart disease?
These questions will give us an excellent place to start into finding the most affordable offer.
In addition to the questions above, it is important to know how much protection is needed?
Also, it is helpful if the carrier knows which type of coverage you are looking for such as term life or whole life.
Submitting information to the carriers
Once the above information is collected it is now up to your agent to find the lowest rate. With the collected information your agent will then call and speak directly to underwriters and discuss your situation.
At this time no formal application or exam is needed. (Why fill out paperwork or do an exam until we have an offer?)
The job is to get a tentative offer for coverage based on the medical information you have provided. Once the companies give us their best tentative offer we can now know what the raw numbers will look like. Once a quote for the tentative offers are gathered we will know who’s rates are the best.
Doesn’t this make a lot more sense than applying to several carriers and hoping for an offer. This way all the hard work is done up front. This saves time, money and aggravation.
Now, once a tentative offer is given does not always mean this is the final offer. After all, the carrier has typically not reviewed your medical records or seen any lab results, etc. Things could change during underwriting. But, we have found that in our years of experience that most of the time the tentative offers comes back accurate as long as the whole story has been told.
Conclusion-
So, there you have it. If you are looking for crohn’s disease life insurance coverage or need guaranteed issue coverage, find yourself a good independent life insurance agent who specializes in underwriting those with pre-existing medical conditions. This gives you the best chance to find the lowest rates.
If we can help, please don’t hesitate to contact us at 1-678-207-8160 or e-mail mike@specialriskterm.com
