Life Insurance with Gout.
If you suffer from gout then you need to read this. Three important questions you need to ask are:
- Can I get life insurance with gout?
- What will it cost?
- What is the process?
Let’s begin with a brief overview.
Gout is a form of arthritis. It occurs when there is too much uric acid in the body. The joints can swell and become inflamed. The joints typically affected are the big toe, ankle and knee.
Can I get life insurance with gout?
The quick answer is, YES.
Your eligibility will depend on several factors such as:
- when were you first diagnosed,
- what body part is affected,
- how many attacks do you have per year,
- what is the date of your most recent attack or symptom,
- have you missed work or been unable to perform activities of daily living (ADLs)
- have you had your uric acid levels tested,
- what medications you take and
- if your gout is controlled.
What is the cost?
Life insurance companies have about 16 different rate classes. What rate class you qualify for will also determine your life insurance cost.
Clients who experience little to no symptoms and who are well controlled with medication can qualify for a standard rate class.
Clients with a more serious case of gout may need to consider burial or final expense insurance from the top final expense whole life insurance companies where there is no medical exam and no health questions.
If you are curious what your price tag would be, simply enter your information and see what the price is for your age and gender based on the above rate class you believe you qualify for.
What is the process?
A guaranteed issue life insurance policy is quick and easy. It is guaranteed issue so everyone within the required age bracket will qualify for this type of high risk life insurance coverage. Typically, the amount you can qualify for will be from $5,000-$30,000 depending on the carrier.
A fully underwritten life insurance policy requires a life insurance medical exam. The examiner typically comes to your home and checks your height and weight and takes a small blood and urine sample. Your lab results are then processed. The carrier will request physician statements and look into your medical records. The carrier will also do a prescription database check to see what medications you are currently taking and have taken in the past. An underwriter will then assess your “risk” level and give you a rate class assigned to your specific risk. Your assigned agent at TermLife2Go will then follow up with you and let you know of your approval.
The entire process is handled by us so you can just sit back and wait for the life insurance carrier to complete your file. Speaking of life insurance carriers, not all life insurance carriers are the same!
Not all life insurance carriers are the same
The life insurance industry is just like every other industry out there. Competition is constantly driving insurance carriers to compete for your business. As a result, carriers take on “niches” in an effort to earn market share. It is important to know these niches and it is important the agency you chose has the freedom to choose from multiple life insurance carriers. As a consumer, it is in your best interest to work with an agency that is not bound to any one carrier and will be able to shop your application to dozens of different companies available. Only by doing this can you insure that you are getting the best types of life insurance policies tailored to your specific needs.
By working directly with TermLife2Go you will have an assigned agent dedicated to your application. This agent will be available to you throughout the entire application process; he or she will provide you with status updates as your application goes through underwriting and will also review your application at time of approval to ensure that you are still getting the best deal out there!
So, what are you waiting for? Give us a call today or visit our Life Insurance Quotes page and see what we can do for you!