Have you been previously diagnosed with Paget’s disease (Osteitis Deformans)? And are you now wondering it that diagnosis is going to affect you chances at qualify for a traditional term or whole life insurance policy?
If so, you’ve come to the right place!
When it comes to qualifying for a traditional term or whole life insurance policy after having been diagnosed with Paget’s disease the “process” can sometimes get a bit “complicated”.
This is especially true…
If the life insurance agent that you’re working with doesn’t know the first thing about Paget’s disease It’s also why we’ve chosen to write this article so that you can become familiar with what the process of applying for life insurance with a pre-existing medical condition like Paget’s disease. So, without further ado, let’s dive right into it!
Getting life insurance with Paget’s disease.
Qualifying for life insurance with Paget’s disease can have its complications, especially if your agent doesn’t know exactly want it is!
So… let’s begin our discussion by first defining exactly what Paget’s dieases is.
What is Paget’s disease?
Paget’s disease is the same thing as Osteitis Deformans. Most people probably refer to it as Paget’s Disease, in fact.
The bones start to get weak. As a result, fractures and breaks occur, as does arthritis. In very rare cases, it can turn into bone cancer (Paget’s sarcoma).
Where it happens:
Most people do not feel Paget’s Disease in every bone of the body. It usually attacks a few bones. The most commonly affected bones are:
Why it Happens:
There are three main reasons that people get Paget’s Disease. Those reasons are:
- Virus – a slow virus infection can cause this. The types of viruses associated with Paget’s Disease are:
- Respiratory syncytial
- Canine distemper virus
Treatment for Paget’s disease:
There are many different treatment options for someone with Osteitis Deformans. Usually it depends on a patient’s specific case, and the severity. Treatment options include:
- Diet & exercise
- Calcium intake (at least 1000 mg)
- Vitamin D
Getting Life insurance with Paget’s Disease.
Like with many illnesses or medical problems, qualifying for life insurance with Paget’s disease can be a tricky process. So how do life insurance companies decide who to underwrite and who not to underwrite?
They look for risk…
Naturally, a person with Paget’s disease who is stable, and shows mild signs that don’t show any evidence of progressing is the least risky person to insure.
If this is you…
Then you will likely get underwritten for a term or whole life insurance policy – whichever you desire.
It’s even possible…
To get a policy underwritten at a preferred rate. Yes; you read that correctly. A person with Paget’s disease can get a preferred rate if they show few symptoms that don’t seem to be progressive.
If your symptoms are progressive…
Then that’s a completely different story. It’s quite possible you will not be able to qualify for a term or whole life insurance policy at all.
If this is the case…
Then you might be worried that you will leave your family uninsured. What will happen to them when you finally do die? This is a form of guilt that nobody wants to live with. We understand your desire to protect your loved ones when your gone.
You still have one more option…
At the very least, your death should not cost a single penny to those you love. With a guaranteed issue life insurance policy, you can still do this. Of course, there are terms and conditions – but that’s true about everything. And those terms and conditions won’t prevent you from qualifying. That’s the thing about a guaranteed issue life insurance policy – you’re guaranteed to qualify!
As you can see…
There are many potential outcomes for people with Paget’s disease. There’s no one single answer as to how life insurance companies will insure/won’t insure people with this sickness. There are a range of possibilities, dependent not only on your circumstances, but also the individual life insurance company.
Two different life insurance companies…
May wind up offering two totally different things. Someone with mild symptoms may not get a preferred rate at one life insurance policy, but may at another.
On top of that…
You have to consider other aspects of your health and life, just as life insurance companies do. There are many things that factor into your life insurance eligibility – Paget’s disease is just the beginning!
It’s a difficult process to find a life insurance policy on your own. Sure, you can try and you may get a decent policy…but why settle for decent when you can have something much better?
Speak with an expert like TermLife2Go. We can help you to find a really great life insurance policy at an affordable rate.
We can’t simply tell you the answers in an article because…
We work with individuals, not robots. We know that two people who have Paget’s disease live very different lives, and have very different medical histories. That’s why we will likely recommend two totally different life insurance policies for two totally different people.
Our goal is to find you great life insurance no matter what your scenario. We work for our clients, to help them offer their loved one’s security even after their own death.
So, what are you waiting for? Give us a call today or visit our Online Life Insurance Quotes page and see what we can do for you!