How to Purchase a Life Insurance Policy with Pre-Existing Condition

Everyone wants to protect their family, and a life insurance policy can give you the opportunity to do so. But how do you buy a life insurance plan with pre-existing conditions? 

Life insurance financially protects your home in the event of your death as long as you pay your premiums. Your premiums are determined by a few factors which include your age, health, and more. If your health is in good standing, you can find a life insurance policy that meets your needs for relatively cheap. But if you have a pre-existing condition, your risk of dying is significantly higher than that of a normal person. So how are you to get a policy? Here are a few tips on how you, an individual with a pre-existing condition, can purchase a life insurance policy that best meets your needs.

  1. Research Before You Look
    It is important that you do your research and understand what questions you’ll be asked about your health. Health documents are generally required to gauge health and if you have a pre-existing condition, you should have a good understanding, from your doctor, about the current status and treatment of your condition.
  2. Be Honest About Your Health History
    It is important that you know that your insurance agent is on your side and wants to get you the best policy possible. But their actions will be influenced by the information they receive from you. Knowing your medications, doses, and previous lab results can only aid your cause.
  3. Take the Medical Exam
    The best rates are reserved for those that go through the medical exam. A medical exam can give you the best policy with the best death benefit at a significantly cheaper rate. If it doesn’t go as planned, you can always go back to the non-exam policy in order to get coverage.

The right life insurance will protect your family in the event of your passing, make sure that your pre-existing condition does not get in the way. To learn more about the policies you should have, contact Lou Aggetta Insurance Services in Pleasant Hill.