By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Health Works CollectiveHealth Works CollectiveHealth Works Collective
  • Health
    • Mental Health
  • Policy and Law
    • Global Healthcare
    • Medical Ethics
  • Medical Innovations
  • News
  • Wellness
  • Tech
Search
© 2023 HealthWorks Collective. All Rights Reserved.
Reading: Can You Buy Life Insurance with a Pre-Existing Condition?
Share
Notification Show More
Font ResizerAa
Health Works CollectiveHealth Works Collective
Font ResizerAa
Search
Follow US
  • About
  • Contact
  • Privacy
© 2023 HealthWorks Collective. All Rights Reserved.
Health Works Collective > News > Can You Buy Life Insurance with a Pre-Existing Condition?
News

Can You Buy Life Insurance with a Pre-Existing Condition?

Aaron Casselman
Aaron Casselman
Share
4 Min Read
life insurance policy
Shutterstock Licensed Photo - 263179934
SHARE

Nearly half of American adults under 65 years have a pre-existing medical condition. These conditions include asthma, diabetes, heart diseases, cancer, autism, obesity, and epilepsy, among others. While living with chronic health conditions means adjusting your life, it shouldn’t change your eligibility for life insurance.

Contents
  • What to Expect When Applying for Life Insurance
    • 1.          Get a Quote
    • 2.          Provide Your Documents
    • 3.          Medical Exam
    • 4.          Sign the Policy
  • How to Improve Insurability for People with Chronic Conditions
    • Endnote

Most life insurance companies offer insurance plans and policies for individuals with different health issues. This article highlights important things to know when applying for life insurance with a pre-existing condition.

What to Expect When Applying for Life Insurance

There are a lot of benefits of applying for life insurance. However, you also have to know what to expect when you look for a life insurance plan as well.

When applying for life insurance with a death benefit, you should follow the application and underwriting procedures of the company. Your insurer should gather important information about age, health, and other risk factors. Insurers compare this information against the amount and length of coverage applied to decide if they can provide insurance and the costs. Below are the steps:

More Read

combat home sickness
How to Combat Home Sickness After Moving Abroad
US News and Doximity Launch Physician Directory
Physicians to Lead ACOs, AMA Says
Daniel Kraft: Health Media for the Future
Bacon Cures Cancer

1.          Get a Quote

You start by getting a life insurance quote from the insurance company. This will give you basic cost estimates and is beneficial for those with basic coverage needs. However, with pre-existing medical conditions, the actual quote may differ from the initial quote.

2.          Provide Your Documents

Like other processes, you should provide some identification documents. Commonly asked documents include:

  • Proof of identity – Birth certificate, passport, or driver’s license
  • Proof of residency – Utility bill, signed lease, or property tax statement
  • Proof of income – Employment letter, tax returns, or pay stubs

With these documents, you can proceed to complete the application form.

3.          Medical Exam

The insurer will require that you provide medical examination results. The examiner will evaluate basic parameters, such as weight, height, blood pressure, urinalysis, and other tests depending on your known pre-existing condition. Insurance companies use this information to underwrite, evaluate risks, assign rate classification, and calculate premiums.

4.          Sign the Policy

If you are comfortable with the drafted policy statement from the insurance company, the last step is signing the policy, and you start paying premiums. However, ensure that you read the fine print of the contract, especially the terms and conditions, coverage amount, method of payment, premiums, exclusions, and riders, before signing.

How to Improve Insurability for People with Chronic Conditions

You can up your chances of being insured and lower your rates by;

  •  Adhering to your treatment plan – Showing that you are in control of the medical condition reduces the risk potential for insurers. Ensure that you follow your treatment plan to the latter.
  • Lose your weight – Losing weight might prove challenging. However, it is possible and vitally crucial for your overall health and wellbeing. Weight affects your health and life expectancy. Modify your diet and increase activity to drop some weight.
  • Exercise regularly – The health benefits of physical exercise are well known. Exercising eliminates most risk factors that make people with chronic conditions risky to insure. However, ensure that you consult your physician before exercising. Even then, simple activities, such as strolling, have proven benefits.

Endnote

Insurance companies use health and age to determine a person’s insurability and rates. Young and physically fit people are less risky than old and less healthy people. However, having a pre-existing condition cannot prevent you from getting life insurance coverage. Pre-existing conditions can only increase your premiums or rates.

TAGGED:life insurancepre-existing condition
Share This Article
Facebook Copy Link Print
Share
By Aaron Casselman
Aaron Casselman is a medical writer based in central Minnesota, specializing in bioinformatics. With my Master's Degree in bioinformatics, he brings unique insights into topics related to medicine and health.

Stay Connected

1.5kFollowersLike
4.5kFollowersFollow
2.8kFollowersPin
136kSubscribersSubscribe

Latest News

Epidemiological Health Benefits
Personal and Epidemiological Health Benefits of Blood Pressure Management
Health
October 13, 2025
Traumatic Brain Injuries
Understanding Traumatic Brain Injuries: What Families Need to Know
Policy & Law
October 10, 2025
Remote Monitoring touchpoints
Remote Monitoring Touchpoints Patients Will Actually Follow
Technology
October 9, 2025
dental care
Importance of Good Dental Care for Health and Confidence
Dental health Specialties
October 2, 2025

You Might also Like

What’s Been Happening in mHealth: Update

October 19, 2012
coolsculpting is a treatment worth considering for smoothing out your skin
News

CoolSculpting: Why Is Everyone Talking About It?

June 23, 2022

Update on Health Information Exchange

February 8, 2012

Do We Need So Many Mammograms?

November 27, 2012
Subscribe
Subscribe to our newsletter to get our newest articles instantly!
Follow US
© 2008-2025 HealthWorks Collective. All Rights Reserved.
  • About
  • Contact
  • Privacy
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?