Finding a great life insurance policy for someone that is currently taking Carafate is usually going to be pretty easy unless the underlying medical condition is a serious one or is not currently under control.
Let us explain…
Because Carafate is used to treat a wide variety of conditions ranging from routine heartburn all the way to Zollinger-Ellison Syndrome. So, knowing what condition is being treated will be key in determining your eligibility for life insurance.
As one can imagine, if you’re simply treating heartburn, we’ve got nothing to worry about. But when you’re treating more serious conditions such as:
- Stomach ulcers,
- Gastroesophageal reflux disease (GERD),
- Esophagus damage,
- Or Zollinger-Ellison Syndrome.
Well, things can begin getting more complicated.
For these types of conditions where the over production of stomach acid has caused more than your average amount of pain and discomfort, insurance companies will begin to take a more active interest in your Carafate prescription.
Now because people have a tendency…
To use the terms “stomach ulcer” and “GERD” rather loosely without necessarily having an “official” diagnosis from a medical doctor, let’s briefly take a moment to look at the medical conditions Carafate is used to treat and explain how each might play a role in the outcome of your application.
Not that many of us over the age of 40 really need to have the term “heartburn” described to them, for our younger readers, will simply say that heartburn is that horrible feeling you get as a result of indigestion which makes the center of your chest feel like it’s on fire!
It’s caused by a regurgitation of stomach acid into your esophagus which will make feel like you’re going to die! This feeling will pass, which is why insurance companies aren’t going to consider it an issue and won’t penalize you for using Carafate to help alleviate this problem.
Now when it comes to finding coverage for folks with confirmed diagnosed ulcers, the type and severity of the ulcers will certainly come into play.
Can someone with ulcers get approved for life insurance?
Certainly, however insurance companies will want to know:
- What medications you’re currently using to treat your ulcers?
- When you were first diagnosed?
- Do you have any gastrointestinal bleeding?
- And finally what is the current state of the ulcer? Healing? Staying the same? Or worsening?
The answers to these questions will ultimately decide what rate class you’ll qualify for.
In addition, if you’re currently experiencing gastrointestinal bleeding, it’s quite likely that your application may be postpone or denied until your health improves.
Gastroesophageal reflux disease (GERD):
Gastroesophageal reflux disease (GERD) is defined as chronic heartburn that ultimately causes enough damage to the lining of your esophagus to “earn” its own diagnosis beyond that of occasional heartburn.
For folks suffering from GERD, it’s still quite possible to qualify for a Preferred or Preferred Plus rate class, you’ll just need to demonstrate that your current medication is working well to minimize any damage to the esophagus.
Zollinger-Ellison Syndrome (ZES)
Zollinger-Ellison Syndrome is another medical condition caused by the over production of gastric acid. However, in this case, the over production of gastric acid is due to hyperplasia or tumors of the islets cells in the pancreas.
For folks currently suffering from Zolleinger-Ellison Syndrome, we would recommend that you consider buying a final expense whole life policy where there is no health questions or medical exam required.
Did we confuse you?
Sometimes we have a tendency to talk too much or go over too many details in our articles which is why we always recommend that folks just review our articles as a precursor for giving us a call.
Think of this article as a way for you to develop a list of questions that you can then ask us.
Here at TermLife2Go, we like to think of every call as a 4 step process.
Determine what your life insurance need is, why do you want to buy a life insurance policy?
Determine what type of life insurance policy you can qualify for.
Provide you with a list of insurance company prices for you to consider.
Answer any questions that you may have.
Then, if it looks like we’ve found a good fit for you AND you’re ready to apply, we’ll happily walk you through the application process and be there for you every step of the way!
So what are you waiting for? Just give us a call today and see what we can do for you!
Lastly, for those who would like to get a general idea about how much their life insurance could potentially cost before speaking actually with a “live” agent, we would encourage you to check-out our Term Life Insurance Quotes page when you have a moment!
And since we still have your attention…
It’s fair to say that most people who decide to purchase a life insurance policy do so that they can protect their loved one’s financial future in the event of their death.
But what happens if you get sick but don’t die?
Is your family’s financial future still protected? Probably not. Which is why we would encourage you to also take a look at the following articles which will discuss some other “types” of life insurance policies that can not only protect your family’s financial future, they could also significantly help our your own as well.