In today’s article, we wanted to cover the topic of trying to qualify for life insurance after one has been diagnosed with acromegaly.
Acromegaly is a medical condition that is defined by the overproduction of growth hormone by the pituitary gland which will typically cause an abnormal growth of the hands, feet, and face.
Common symptoms to look for will include:
- Enlarged bones in the face, feet and hands.
- Excessive hair growth in women.
- Swollen and painful joints.
- As well as excessive growth spurts.
Treatments for acromegaly…
Will attempt to restore normal pituitary gland functioning and may include the removal of any potential pituitary tumors, radiation therapy and the use of anti-growth hormone medications in attempt to reduce the effects of an overactive pituitary gland.
If left untreated…
Acromegaly can lead to the worsening effects of diabetes mellitus and also increase one’s hypertension levels which can lead to a host of significant medical issues.
This is why…
When it comes time to trying to determine what type of life insurance policy someone with acromegaly can qualify for and at what rate class, things can become pretty complicated, pretty quickly.
Depending on the cause of one’s acromegaly, and their current treatment program being used, insurance companies are going to vary on how they will choose to underwrite one’s life insurance application.
What we generally find when it comes to helping out those who have been diagnosed with acromegaly is that an applicant is going to find that their acromegaly is going to have very little effect on their application or its going to have a serious one! For those who don’t aren’t seriously affected by their acromegaly, it’s possible that you may qualify for a traditional term or whole life insurance quote from some of the Top Life Insurance Companies. You may even qualify for a no medical exam life insurance quote as well!
Which makes understanding the difference between guaranteed issue and simplified issue life insurance a necessity.
To know which category you’re going fall into insurance companies will generally ask questions such as:
- How old where you when you were first diagnosed with acromegaly?
- How long have you been treating your acromegaly?
- What treatments methods are you using to treat your acromegaly?
- What physical symptoms do you have that are related to your acromegaly?
- Have you been diagnosed with diabetes or hypertension?
- Are you currently working now?
- In the past 12 months have you applied for or received any form of disability benefits?
With the answers to these questions and more, the best final expense and burial insurance companies should generally have a pretty good idea about what types of life insurance policies you should be able to qualify for as well as what rate class you’ll likely receive.
Also, important to understand not all life insurance companies and/or life insurance policies are going to treat those with acromegaly the same. This is why it’s so important for those that have a pre-existing medical condition like acromegaly chose to work with a life insurance brokerage that is going to have dozens of options to choose from when it comes time to finding the right life insurance company for you.
Depending on just how much life insurance you’re looking for, it’s conceivable that one may be able to simply avoid having to take a medical exam or answer any health related medical questions and simply apply for what it called a guaranteed acceptance life insurance policy. For more information on guaranteed issue life insurance policies we would definitely encourage you to take a look at TermLife2Go’s Top 10 Best Final Expense article where we go into greater detail on these types of life insurance policies.
We here at TermLife2Go just want to point out how important it is for someone who has a pre-existing medical condition to take their time when looking for that “perfect” life insurance policy. This is because, often times, once someone with a condition like acromegaly finds coverage, they are sometimes so happy that they’ve been approved that they’ll fail to do some comparison shopping.
In addition to having to find the right life insurance company that will account for your acromegaly, we also want to find the right life insurance company that will account for any number of other factors that could come into play during your life insurance application.
Factors such as:
- Your height and weight.
- Your prescription medication history.
- Any other medical conditions.
- Any potential family medical history concerns.
- Your driving record.
And this is what we do here at TermLife2Go. You see, we here at TermLife2Go.com only goal is to ensure that you and your family are able to secure the best possible life insurance policy that you can qualify for.
We attempt to achieve this goal by offer our clients access to dozens of different life insurance companies so that they can competitively compare these companies against one another so that when they are finally approved for life insurance, they’ll know that they’re getting a great deal on their insurance!
Now for those…
Who aren’t ready to actually speak with an agent quite yet, we would recommend that you at least take a look at our Life Insurance Policy Quotes page so that you can get a “general” idea about how much your life insurance could cost. You never know, you could be surprised by what you find out!
So, what are you waiting for? Give us a call today and see what we can do for you!