Can I get life insurance with emphysema?
Finding life insurance with emphysema is not always easy. But, if you know the secrets you can defintely improve your chances of finding affordable coverage.
Most life insurance companies shy away from certain risks like diabetes, heart disease and yes emphysema. The number one solution to finding life insurance coverage for emphysema is working with an indpendent life insurance broker who specializes in coverage for people with pre-existing medical conditons or particpate in high risk hobbies.
What carriers write life coverage for emphysema?
If you are using a good independent broker you will have access to several companies that could offer coverage for emphysema customers. These companies include names such as: Prudential, American General Life, Pacific Life, Lincoln National Life, United of Omaha and others.
These carriers along with some others underwrite differntly than some of the bigger name companies. They do indidualized underwriting. This means you are not just thrown in a bucket with other insured’s. They take the time to really dig in to your medical history and try to offer credits that will allow you to purchase an affordable policy.
What do underwriters need to know?
In order to find the most affordable life insurance with emphysema protection you need to answer some medical quesitions. The answers to these questions will help your broker find the best plan.
Below are a few of the questions that need to be answered in order to start your search for coverage:
- Male or Female
- Date of Birth
- Height/Weight
- Any history of tobacco use? If so, what type of product?
- Any family history of cancer or heart disease?
- Current medications
- What is the cause of your emphysema? I.E. Asthma, Occupation, Smoking
- What is the degree of severity? mild, moderate, severe
- Do you currently use oxygen
- Have you ever been hospilitzed? If so, for what?
- Have you had pulmonary function tests done? If so, when and what were the results?
- Do you have any restrictions in activites?
- Do you have any other ongoing health concerns?
In addition to the medical information above how much coverage do you need and for what time period?
This information will allow your broker the best opportunity to find life insurance with emphysema. If an offer for traditional coverage is not found you may still have options avaialble in the guaranteed issue market.
Conclusion-
So, if you have a need for life insurance with emphysema you are lucky you landed on this page. We are experts in the special risk life insurance arena. Mike Raines the CEO of Special Risk Term has been helping indivdiuals since 1986 find the coverage they need. If you would like to speak to Mike one on one just reach out direct at 678-207-8160 or mike@specialriskterm.com
